Paul Newman and Joanne Woodward's NYC home just sold for more than 40% above ask — after an intense bidding war
The Fifth Avenue pad listed for $9.95 million in early December for the first time in four decades.
An intense bidding war followed, and a contract was signed after just three weeks. The ink finally dried on the sale, the Wall Street Journal reported, for roughly $14 million.
8 Paul Newman, pictured in 1995.
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8 Newman and his wife, actress Joanne Woodward, purchased the unit in the 1980s.
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8 The co-op attracted close to a dozen offers.
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The 3,000-square-foot co-op takes up half of the top floor of the 15-story building, located at 1126 Fifth Ave.
The Hollywood star, philanthropist and all-around multi-hyphenate purchased the Carnegie Hill property in the 1980s. Newman and his wife Woodward, also an actress, reconfigured the two-bedroom into a spacious one-bedroom. The spare bedroom now functions as a library.
The two Oscar winners used the property as a second home for decades. Newman died in 2008 at the age of 83 and is survived by Woodward, 95, who now lives in Connecticut.
8 The kitchen.
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8 Built-ins surround French doors.
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8 The formal dining room.
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Douglas Elliman agents Noble Black and Jennifer Stillman represented the sellers. More than 50 potential buyers toured the property in December, the Journal reported.
Nearly a dozen offers came in, Black told the outlet, including one offer north of $14 million. That would-be buyer was ultimately rejected by the Newman family on the grounds that, as the bidder planned to use the pad as their own pied-à-terre, they'd likely be rejected by the co-op board.
The romantic apartment offers two terraces spanning 2,300 square feet. Both lookouts boast views of Central Park and the Jacqueline Kennedy Onassis Reservoir.
8 The large bedroom.
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8 The home's terraces have entertained Hollywood stars and presidents.
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Clea Newman Soderlund, the couple's youngest daughter, told the New York Times in December that the terraces formerly hosted cocktails and dinner parties with the likes of Tom Cruise and Cher, as well as Presidents Barack Obama and Bill Clinton.
The successful new owners of the home, who were represented by Brown Harris Stevens, remain anonymous. They were identified by Black only as a couple in finance.
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