Rolling Stones guitarist Keith Richards unloads Washington Square penthouse at a loss
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Rolling Stones guitarist Keith Richards unloads Washington Square penthouse at a loss

June 6, 2018

It was only four years ago that Rolling Stones guitarist Keith Richards and his wife, model Patti Hansen, bought the penthouse at celeb-filled 1 Fifth Avenue for $10.5 million. Two years later, after an overhaul by architect Joe Serrins, the rock legend listed the Greenwich Village spread for $12.23 million. But as it goes, “You Can’t Always Get What You Want,” and in October 2017 he dropped the price to $12 million even and brought it celebrity stager Cheryl Eisen. The price continued to decline, dropping to $11 million this past November, and most recently $9.95 million. Now, the Observer reports that it’s gone into contract, meaning he more than likely took a loss.

The four-bedroom duplex is actually a combination of three units and has an impressive three terraces. As the listing states, Serrins’ “meticulous contemporary design of the home highlights both form and function in the best way imaginable.”

The main level boasts the 47-foot-long living/dining and entertainment space.

Adjacent to the dining room is the largest of the terraces, which “has dual access outside to allow for very natural al fresco entertaining.”

The modern kitchen is at the far end of the living room and has a dining area, breakfast counter, walk-in pantry, and sliding glass doors that lead to a south-facing terrace.

At the other end is the home office/fourth bedroom. It would be perfect as a guest suite as it has an en-suite bathroom and large sliding wall that separates it from the rest of the floor.

The master suite is in its own wing on the main level. It has two walk-in closets and a spa-like en-suite bath.

Eisen’s staging work is filled with rock-and-roll ephemera and British pop art. An impressive feature is the leather-wrapped bronze staircase.

Upstairs are two winged bedrooms, both with en-suite bathrooms.

Between the two bedrooms is a second living area. This floor also holds a full-size laundry room, and secondary/staff entrance to the unit.

1 Fifth Avenue was one of the first Art Deco towers in the city, designed in 1929 by Harvey Wiley Corbett. Located just north of the Washington Square arch, the full-service co-op offers a full-time doorman, laundry, and storage, and allows pied-à-terres and pets.

[Listing: 1 Fifth Avenue, PHA by Adam Widener, John Gomes, and Fredrik Eklund of Douglas Elliman]

[Via NYO]

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Photos courtesy of Douglas Elliman

Photo of Keith Richards via Wiki Commons

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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