“Shark Tank” star Barbara Corcoran, 76, first acquired a glimpse of her dream residence in 1992.
She was working Corcoran Realty on the time and was delivering letters for a messenger service as a aspect job to assist pay her payments. One in every of her duties was delivering an envelope to an condo on the highest flooring of a constructing on Fifth Avenue and 97th Avenue.
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 informed her to name if she ever considered promoting the unit.
“I walked in and noticed this inexperienced, lush terrace by means of 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 informed The New York Occasions in a earlier interview.
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Greater than twenty years later, she acquired a telephone 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 troublesome to navigate. The pair discovered a brand new condo, a single-story penthouse in the identical neighborhood of Carnegie Hill, to name residence.
Corcoran informed 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 “honest worth” in her estimation. Month-to-month upkeep charges value round $11,000.
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The condo has 5 bedrooms, 5 full baths, and two half baths. Corcoran fully revamped the house to incorporate options like a library with a wood-burning fire, 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, informed The Occasions.
Corcoran has beforehand been keen about 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-after-day and thought to herself, “How fortunate am I?”
“By no means ever did I believe I’d have such a reasonably kitchen,” Corcoran informed Simpson.
@calebwsimpson @barbara.corcoran ♬ Sunroof – Nicky Youre & dazy
Corcoran has not too long ago 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 Dwelling Park.
Corcoran beforehand disclosed that she makes about $4.5 million a 12 months 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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