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Valentino co-founder Giancarlo Giammetti asks $17.5M for his NYC penthouse — boasting a leopard-print master suite
Valentino co-founder Giancarlo Giammetti asks $17.5M for his NYC penthouse — boasting a leopard-print master suite

New York Post

time20-05-2025

  • Entertainment
  • New York Post

Valentino co-founder Giancarlo Giammetti asks $17.5M for his NYC penthouse — boasting a leopard-print master suite

A fashion industry titan is parting ways with a sky-high New York City residence. Giancarlo Giammetti, co-founder of the legendary Valentino fashion house, has listed his Sutton Place-area penthouse for $17.5 million, according to a Monday release. This price is already set at a loss, since Giammetti purchased the unit back in 2010 for $18.5 million, property records show. Giammetti, 83, founded Valentino at age 18 with Valentino Garavani in 1960 — the year they met. Valentino, an Italian fashion house, has long been synonymous with luxury. Its garments have adorned the likes of A-listers for years — including Anne Hathaway, Jennifer Lopez and Lizzo. Needless to say, this penthouse perch doesn't shy from high style. Set on the 54th floor of One Beacon Court — a gleaming tower designed by architect César Pelli and known for its private motor court and panoramic skyline vistas — the apartment offers sweeping views that span Central Park to the East River. 13 Giancarlo Giammetti, Soko at the Valentino Haute Couture Spring/Summer 2025 fashion show as part of Paris Couture Fashion Week on January 29, 2025 in Paris, France. WWD via Getty Images 13 The New York City penthouse of Giancarlo Giammetti, co-founder of the Valentino fashion house, has hit the market for $17.5 million. Yoo Jean Han Made up of three bedrooms and 3.5 baths, the corner unit occupies one of the building's most desirable positions, with nearly every room lined in floor-to-ceiling glass and — that said — is flooded with natural light. The residence was customized by renowned French interior designer Jacques Grange, a longtime collaborator of Giammetti's and a favorite of the international fashion and art elite. Inside, the home spans approximately 3,800 square feet — anchored by a 77-foot stretch of interconnected formal living, dining and library spaces ideal for entertaining on a grand scale. A rectangular entrance gallery sets a stately tone on arrival. 13 The foyer. Yoo Jean Han 13 The aerie offers unobstructed views of Central Park. Yoo Jean Han 13 Located on the 54th floor of One Beacon Court, the residence occupies 3,779 square feet. Yoo Jean Han The primary suite is positioned to maximize the Central Park views, with a spacious 29-by-15-foot bedroom, a spa-inspired marble bath and a dressing room outfitted with extensive built-ins. Two guest bedrooms, each with an ensuite bath, sit in a private wing. A sleek kitchen by Poggenpohl features top-tier appliances and a cozy breakfast nook with east-facing morning light. Additional highlights include a guest powder room, a laundry room, plus three separate entrances to accommodate residents, staff and guests alike. 13 The penthouse boasts 40 floor-to-ceiling windows and soaring ceilings. Cary Horowitz 13 The kitchen. Yoo Jean Han 13 The primary bedroom. Yoo Jean Han 13 An ensuite bathroom. Yoo Jean Han Giammetti spared no expense during the renovation, which incorporated motorized shades, museum-quality lighting and an audiophile-level sound system. According to the listing, the apartment is move-in ready and designed for effortless daily living with a luxury aesthetic. One Beacon Court, which rises above the Bloomberg Tower near 58th Street and Lexington Avenue, has long attracted celebrity and business world buyers thanks to its privacy, security and panoramic views. 13 A walk-in closet. Yoo Jean Han 13 A second bedroom. Yoo Jean Han 13 One of 3.5 bathrooms. Yoo Jean Han 13 Valentino was founded in 1960. Getty Images Past residents have included Beyoncé and Jay-Z, Mets billionaire owner Steve Cohen and former General Electric CEO Jeff Immelt. Allison Bandier Koffman and Juliette Janssens of Sotheby's International Realty, and Martha Kramer of Brown Harris Stevens, hold the listing.

NYC townhouse with ties to Gimbels asks $13.5M
NYC townhouse with ties to Gimbels asks $13.5M

New York Post

time14-05-2025

  • Business
  • New York Post

NYC townhouse with ties to Gimbels asks $13.5M

There's the old New York — and then there's the really old New York. A Civil War-era Upper East Side mansion is back on the market for $13.5 million. That's a dramatic drop from the landmarked home's first ask of $18.45 million in 2018. The stately, 36-foot-wide property stands at 163 E. 78th St. It was once home to Elinor S. Gimbel, who married a grandson of Adam Gimbel, founder of Gimbels — the national department chain that was part of New York from 1842 until its final closure in 1987. Elinor was also a brewery heiress, according to reports. Advertisement 10 The historic townhouse has modern interiors and lots of light. Yoo Jean Han for Sotheby's International Realty 10 The open dining area is also anchored by a gorgeous fireplace. Yoo Jean Han for Sotheby's International Realty 10 The roomy chef's kitchen. Yoo Jean Han for Sotheby's International Realty Advertisement 10 A view of the layout. Yoo Jean Han for Sotheby's International Realty The Italianite-style red brick, four-story residence is 6,157 square feet and comes with five bedrooms, four baths and two powder rooms. Inside, it features a chef's kitchen, a formal dining room with a fireplace, a 36-foot wide living room and multiple outdoor spaces — including a rear, gated garden. It was built in 1861, according to the city's Landmarks Preservation Commission and Friends of the Upper East Side, although the Sotheby's listing states the home was built in 1899. The brokerage did not respond to requests for comment. Advertisement 10 A secondary bedroom comes dressed with vibrant wallpaper. Yoo Jean Han for Sotheby's International Realty 10 Gorgeous doors and a fireplace add stunning detail to this bedroom. Yoo Jean Han for Sotheby's International Realty 10 The home doesn't shy from built-in storage. Yoo Jean Han for Sotheby's International Realty It was built by Henry Armstrong in a style popular from the 1860s to 1890s. Advertisement The current owner purchased the home, known as the Elinor S. Gimbel House, back in 1997. The townhouse boasts both a gated front garden and an enchanting rear garden — with trees, plantings and brick walls — plus a parlor-level terrace. From the garden entry, the home opens to a gallery that leads to a formal dining room with a woodburning fireplace, plus a sitting room and a black marbled chef's kitchen that both have garden views and terrace access. This floor also has a mudroom. 10 There's plenty of room for al-fresco entertaining. Yoo Jean Han for Sotheby's International Realty 10 Additional space for dining on an upper floor. Yoo Jean Han for Sotheby's International Realty 10 This light-filled room is ideal for entertaining. Yoo Jean Han for Sotheby's International Realty Next up is the parlor floor with six sets of south-facing French doors, and a light-filled living room with a woodburning fireplace, as well as a library with another woodburning fireplace and views overlooking the terrace and garden. This level also features a formal dining room and a wet bar. Design details include 10-foot ceilings, custom millwork and herringbone floors. Advertisement The main bedroom suite is on the third floor and features another woodburning fireplace, floor-to-ceiling French doors with views of East 78th Street and a grey marbled bath. Additional bedrooms occupy the fourth floor. A finished basement comes with wine storage, a laundry room, mechanicals and storage. The listing broker is Serena Boardman, of Sotheby's International Realty.

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