Latest news with #Eytan
New York Post
6 days ago
- Entertainment
- New York Post
The co-op William Randolph Hearst built for his mistress asks $22M
The real-life 'Citizen Kane' was a ruthless businessman — but his former love nest just got a kindly price cut. The palatial two-story co-op that William Randolph Hearst built for his celebrity mistress is now on sale for $22 million — a $4 million discount from its original price. The rare sale comes with cathedral-like architecture and precious European artifacts to match. Advertisement 7 The ceiling of the two-story great hall hails from a Venetian palace. Eytan at Evan Joseph 7 William Randolph Hearst. Bettmann Archive The Ritz Tower residence, spread across the 19th and 20th floors of 465 Park Ave., listed in May for $26 million. The sale marked its first appearance on the market in the 21st century. Advertisement The recent 15% price reduction was a response to the current market, according to listing agent Michael Kotler of Douglas Elliman. 'We have had some interest, but today's environment is challenging and we hope to capture more potential buyers at the lower price,' Kotler told The Post in an email. Hearst, known for his sensationalist media empire and inspiring Orson Welles' legendary 1941 film, built the home for actress Marion Davis in the late 1920s. At the time, Hearst owned the Ritz Tower, then an apartment hotel. 7 Hearst and Davies, pictured together in Germany. Bettmann Archive Advertisement 7 The wood-paneled study. Eytan at Evan Joseph 7 The unique home features cathedral-like flourishes. Eytan at Evan Joseph Davies was an A-lister of her era, but her career remains largely overshadowed by her decades-long affair with the married Hearst. The pair's shared flair for the dramatic is still evident throughout the museum-like home. Hearst, an avid collector of European art, installed 17th-century cathedral glass windows, a Venetian palace ceiling and 16th-century monastic doors imported from Europe that still remain in the home today. Advertisement The sheer scale of the 11-room residence feels far away from the squeeze of Manhattan, with its two-story great hall, interior balconies and triple-terraced views Central Park. Hearst and Davies were evicted from the Ritz Tower in 1938 after the magnate, hard hit by the Great Depression, was forced to turn the building over the to the bank. The pair then fled to California. 7 A dining area with stone floors and stained glass windows. Eytan at Evan Joseph 7 A large bedroom suite. Eytan at Evan Joseph The current sellers are in no such hurry to leave, according to Kotler. 'The owner is in no rush to sell, so we are not slashing the price, but $4 million is significant,' Kotler wrote. The now-$22 million price tag includes antiques like a 100-year-old Agra carpet, regency-era tables and a 10-foot Vanderbilt clock. The next owner will also benefit from hotel services, including housekeeping and room service.
New York Post
15-05-2025
- Entertainment
- New York Post
William Randolph Hearst and Marion Davies's love nest on sale for $26M
The two-story palace in the sky that William Michael Hearst, the larger-than-life media mogul who inspired 'Citizen Kane,' built for his mistress is on sale. The $26 million listing marks the co-op unit's first sale of the 21st century. The Ritz Tower residence, commissioned by the building's one-time owner Hearst for actress Marion Davies, boasts 17th-century cathedral glass windows, monastic doors and triple-terraced views of Manhattan. 10 The opulent great hall is lined with art, including the wooden ceiling, plucked from a Venetian palace. 10 The actress Marion Davies. Getty Images 10 American newspaper publisher William Randolph Hearst. Getty Images Michael Kotler of Douglas Elliman holds the historic listing, located on the 19th and 20th floors of 465 Park Avenue. Hearst, whose tumultuous personal and professional life inspired Orson Welles' 1941 film 'Citizen Kane,' purchased the Ritz Tower — then an apartment hotel — in the late 1920s. The magnate reportedly built the opulent the residence for Davies, which featured its own private elevator. The decades-long, scandalous relationship between Hearst and Davies led to the lifelong estrangement of Hearst and his wife, Millicent Willson, and largely overshadowed Davies' impressive film career. Hearst, whose newspapers were famous for sensational headlines, seemingly possessed an equally dramatic eye for interior design. 'You feel like you're in the [Met] Cloisters,' Kotler said. The 11-room home's white marble entrance gives way to an opulent great hall. The two-story room features a wooden ceiling transported from a Venetian palace and multiple sets of 17th century cathedral glass windows. The ceiling fresco was completely restored by the home's current owner, Kotler said. The dining room also features arched stained glass windows, a 12-foot Oriental screen and wood-fireplace, according to the listing. Even the home's doors are historic, Kotler said, hearkening from a 16th century monastery. 10 The great hall offers triple-terraced views of Manhattan. 10 Stained glass windows and wood-carved fireplace mantles count among the home's opulent details. Eytan at Evan Joseph 10 The interior balcony boasts cathedral-like architecture. Eytan at Evan Joseph 10 A wood-paneled study. Eytan at Evan Joseph 10 The large kitchen, which was not a part of Hearst's original design for the home. Eytan at Evan Joseph 10 One of the master suites. Eytan at Evan Joseph 10 A wallpapered bedroom. Eytan at Evan Joseph The museum-like quality of the home extends to many of the furnishings included in the $26 million listing price, including a 100-year-old Agra carpet, Recency-era tables and a 10-foot Vanderbilt clock. A balcony with Central Park views, accessed from the walnut-paneled library, wraps around the north, south and west sides of the co-op. Residents at 465 Park Avenue enjoy hotel-style services, including housekeeping and room service. Hearst eventually lived with Davies in the Ritz Tower home in the 1930s, according to 'Mansions in the Clouds: The Skyscraper Palazzi of Emery Roth,' by Steven Ruttenbaum. But the pair were evicted in 1938 when Hearst, deep in debt amid the Great Depression, defaulted on his mortgage payments, turned over the building to the bank and absconded to California with Davies.
