What is the story about?
What's Happening?
Ian Schrager, renowned hotelier and co-founder of the iconic New York City nightclub Studio 54, has put his Westchester estate on the market for $7.5 million. The property, located in Bedford Corners, spans 12 acres and features a five-bedroom, four-and-a-half-bath home. Originally built in 1936, the estate was renovated by Schrager in 2014 to blend historic charm with modern aesthetics, incorporating natural textures and muted tones. The estate includes amenities such as an outdoor pool, a media room, and a treehouse, and is connected to a network of riding and hiking trails. Schrager, who has been divesting parts of his real estate portfolio, previously listed a Miami condo and a Dumbo loft.
Why It's Important?
The sale of this estate represents a significant opportunity for potential buyers interested in owning a property curated by a prominent figure in hospitality and real estate. Schrager's influence in the industry, particularly through his work with Studio 54 and various hotel projects, adds a layer of prestige to the property. The estate's proximity to Manhattan and its luxurious amenities make it an attractive option for those seeking a blend of rural tranquility and urban accessibility. This move also reflects broader trends in the real estate market, where high-profile individuals are increasingly liquidating assets in response to changing personal or market conditions.
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