New York Penthouse Once Owned by a Broadway Producer Lists for $45M
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1/11Photography Courtesy of Douglas EllimanThe former NYC home, of famed Broadway producer, Terry Allen Kramer, recently hit the market, and is listed at $45 million. Dubbed “The Westbury,” the Upper East Side penthouse is the epitome of style and class – fit for a socialite like Kramer.The luxurious home includes a wood-paneled library, classic French doors, and a stunning black marble staircase in the two-floored foyer. The expansive master suite covers 2,000 of the 6,500-square-foot property and includes two separate bathrooms and dressing rooms.The five-time Tony Award winner acquired the Manhattan property for $11 million in 1999, the same year it was transformed into condos from its previous standing as the Westbury Hotel. After purchasing, Kramer quickly hired an architect and began renovating. According to the listing agents, she completely re-did the top two floors to fit her specifications and create a space she adored. The building itself, which dates back to the 1920’s, offers amenities such as a panoramic view of Central Park, multiple terraces, a fitness center, concierge, and a wine cellar, to name a few benefits.At the time, Kramer was also the owner of a 37,000-square-foot home in Palm Beach. The luxurious estate, which she called La Follia, features 13 bedrooms, as well as a movie theater and a fitness center. La Follia has been listed for sale since October of 2018, for $135 million.While she spent most of her time in Palm Beach, Kramer often used the penthouse for entertaining guests while she was in the city. VIG FurnitureNoble Black and Michael Lorber of Douglas Elliman share the listing.Photography Courtesy of Douglas EllimanThe former NYC home, of famed Broadway producer, Terry Allen Kramer, recently hit the market, and is listed at $45 million. Dubbed “The Westbury,” the Upper East Side penthouse is the epitome of style and class – fit for a socialite like Kramer.The luxurious home includes a wood-paneled library, classic French doors, and a stunning black marble staircase in the two-floored foyer. The expansive master suite covers 2,000 of the 6,500-square-foot property and includes two separate bathrooms and dressing rooms.The five-time Tony Award winner acquired the Manhattan property for $11 million in 1999, the same year it was transformed into condos from its previous standing as the Westbury Hotel. After purchasing, Kramer quickly hired an architect and began renovating. According to the listing agents, she completely re-did the top two floors to fit her specifications and create a space she adored. The building itself, which dates back to the 1920’s, offers amenities such as a panoramic view of Central Park, multiple terraces, a fitness center, concierge, and a wine cellar, to name a few benefits.At the time, Kramer was also the owner of a 37,000-square-foot home in Palm Beach. The luxurious estate, which she called La Follia, features 13 bedrooms, as well as a movie theater and a fitness center. La Follia has been listed for sale since October of 2018, for $135 million.While she spent most of her time in Palm Beach, Kramer often used the penthouse for entertaining guests while she was in the city. VIG FurnitureNoble Black and Michael Lorber of Douglas Elliman share the listing.
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2/11Photography Courtesy of Douglas Elliman
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11/11Photography Courtesy of Douglas Elliman
