Avenue's Lasry Buys 'Ghostbusters' Penthouse

Feb 5 2014 | 8:24am ET

Avenue Capital Group founder Marc Lasry isn't moving to Paris, but he is moving—to a $33 million penthouse.

And Lasry's new home, a duplex atop 55 Central Park West, is perhaps even more famous than the Hôtel de Pontalba, where Lasry would have resided as U.S. Ambassador to France. The New York landmark is known as the "Ghostbusters Building" for its role in the 1984 film.

Lasry and his wife, Cathy, got the penthouse for slightly below its asking price of $33 million. The billionaire's real-estate agent, Raphael De Niro, told The New York Times that the couple was captivated by the apartment's broad park views, high ceilings and unusually-large picture windows.

The Lasrys will not be the first boldface names to call the penthouse home: It has been owned by fashion designer Calvin Klein twice, and was most recently the property of TVT Records founder Steven Gottlieb.

Gottlieb, who bought the apartment in 1999 from Klein, poured more than $5 million into it before putting it on the market in 2012. The 5,000-square-foot pad has four bedrooms.

Lasry last year was poised to be named U.S. ambassador to France, but withdrew before he was formally nominated.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of