Wednesday 25 May 2016

Anne Hathaway's Former Fifth Avenue Pad Is On the Market for $33M

The Olympic Tower duplex spans 7,750 square feet and includes five bedrooms

A five-bedroom apartment in Midtown once home to Les Misérables star Anne Hathaway is now on the market for $33 million, the Wall Street Journal reports. The duplex apartment is located at the Olympic Tower on Fifth Avenue and overlooks St. Patrick's Cathedral.

Hathaway and her then boyfriend, Raffaello Follieri, rented the apartment in the mid-2000s for $37,000 per month according to the WSJ. Follieri was subsequently charged with money laundering and sent to jail in 2008, but the owners of the apartment, South African real estate developers Munro Bank and his wife, Avra, told the WSJ that Follieri always paid the rent on time.

The apartment is now being listed by the couple's son Alexander Bank, who works for Compass, and told the WSJ that in recent years the apartment has rented for as high as $70,000 per month, and is also currently being offered as a rental for $48,000 per month.

Some of the standout features in the unit include a media room with an eight-foot projector, a 12-seat dining room, high ceilings, and 360 degree views of Manhattan. The duplex apartment spans about 7,750 square feet. The Bank family purchased the apartment in 2000 for $5.325 million, and subsequently spent $7 million on renovating the place.

Olympic Tower was developed by Greek shipping magnate Aristotle Onassis, whose family once owned this particular duplex as well, according to the brokerbabble. Another famous owner was the controversial Saudi businessman Adnan Khashoggi, who was once considered one of the richest men in the world.



from
http://ny.curbed.com/2016/5/25/11770120/anne-hathaway-fifth-avenue-apartment-nyc-for-sale

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