What's Happening?
Carolyne Roehm, a renowned author and former muse of Oscar de la Renta, has re-listed her luxurious Manhattan duplex for $5.49 million. The property, located in Sutton Place, features three bedrooms and is characterized by its opulent design elements such as coffered ceilings, stately columns, and fabric paneling. The home was initially listed at $6.15 million last year but was taken off the market before being reintroduced at the current price. Roehm, who purchased the property in 2004, has been known for her contributions to art and design, having published numerous books on these subjects. The duplex is noted for its large living room with an 18-foot ceiling and 12-foot windows, offering a grand and light-filled space.
Why It's Important?
The sale of Roehm's home highlights the ongoing demand for luxury real estate in New York City, particularly in historically affluent neighborhoods like Sutton Place. This listing reflects broader trends in the real estate market where high-end properties continue to attract interest despite economic fluctuations. For potential buyers, the property offers a unique blend of historical architecture and modern luxury, appealing to those with an appreciation for art and design. Additionally, the sale underscores the influence of prominent figures in the art and fashion industries on real estate trends, as their properties often set benchmarks for style and value.