“Shark Tank” star Barbara Corcoran, 76, first received a glimpse of her dream residence in 1992.
She was operating Corcoran Realty on the time and was delivering letters for a messenger service as a facet job to assist pay her payments. One in all her duties was delivering an envelope to an condo on the highest ground of a constructing on Fifth Avenue and 97th Road.
When Corcoran entered the condo, she was impressed by its terrace with views of Central Park. She gave the house’s proprietor her envelope and instructed her to name if she ever thought of promoting the unit.
“I walked in and noticed this inexperienced, lush terrace via the French doorways, and mentioned to the girl who let me in, ‘Should you’re ever going to promote this, would you promote it to me?'” Corcoran instructed The New York Occasions in a earlier interview.
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Greater than twenty years later, she received a cellphone name: The house’s proprietor was able to promote. Corcoran purchased the 4,600-square-foot two-story penthouse condo for $10 million in 2015 and renovated it for a further $2 million over the following 18 months.
Now she’s saying goodbye, she says, due to the condo’s curved staircase—she and her husband, Invoice Higgins, 80, a former FBI agent, are discovering the steps tough to navigate. The pair discovered a brand new condo, a single-story penthouse in the identical neighborhood of Carnegie Hill, to name residence.
Corcoran instructed The New York Occasions on Tuesday that she has listed her penthouse on the market for $12 million, barely decrease than what she spent shopping for and renovating it, however a “truthful value” in her estimation. Month-to-month upkeep charges price round $11,000.
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The condo has 5 bedrooms, 5 full baths, and two half baths. Corcoran utterly revamped the area to incorporate options like a library with a wood-burning hearth, a butler’s pantry, and a full kitchen off the terrace.
“The condo is laid out like a multilevel jewel field,” Corcoran dealer Scott Stewart, who’s co-listing the condo, instructed The Occasions.
Corcoran has beforehand been obsessed with her love of the duplex condo. In a 2022 interview with TikTok star Caleb Simpson, Corcoran mentioned she sat within the condo’s kitchen day by day and thought to herself, “How fortunate am I?”
“By no means ever did I feel I might have such a reasonably kitchen,” Corcoran instructed Simpson.
@calebwsimpson @barbara.corcoran ♬ Sunroof – Nicky Youre & dazy
Corcoran has lately misplaced a house attributable to fires. She revealed in January that fires in LA had destroyed her $800,000 cellular residence in Tahitian Terrace Cell Residence Park.
Corcoran beforehand disclosed that she makes about $4.5 million a yr from her investments, together with income she has made as a “Shark Tank” investor for 16 years. The millionaire bought her actual property firm, The Corcoran Group, for $66 million in 2001 and has since closed 650 offers on “Shark Tank.”
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