Luxury Outlook 2022
An ambitious exploration into high-end residential markets across the globe.
Some four decades ago, legendary jeweler Harry Winston stood beneath a glittering crystal chandelier in the dining room of this regal residence on Fifth Avenue and accepted an offer by an ardent buyer—now the current owner—to purchase his home. Winston had owned the apartment since 1950, when he undertook a year-long renovation before settling there nearly 30 years. In the ensuing years, the residence has continued its prestigious pedigree, serving as a magnificent entertaining space for numerous luminaries, from conductor Lorin Maazel to descendants of Queen Victoria.
New York, New York | Louise C. Beit, Sotheby’s International Realty – East Side Manhattan Brokerage
The location of such an illustrious home is fittingly distinguished: an early-20th-century Renaissance Revival–style cooperative building designed by Warren & Wetmore—chief architects of Grand Central Terminal and Steinway Hall—on Fifth Avenue’s Gold Coast. Its position, on the brink of Central Park overlooking the Conservatory Water, is unparalleled, and windows facing four directions in the 5,740-square-foot apartment admit lovely natural light and views at all hours. At days end, drama unfolds as the sun sets over Central Park and the West Side skyline, after which the outlook transforms into one of glorious moonglow and sparkling stars and city lights.
One of only 12 full-floor residences in the building, this refined retreat is replete with exquisite architectural details and boasts four fireplaces and ceilings that soar to 10.5 feet in height. A dignified entrance gallery leads from a private elevator landing to the public spaces: a grand living room with views of the park and striking details—including handsome herringbone parquetry and original moldings—as well as an august dining room with captivating views of the dual towers of the San Remo just across the park, surrounding townhouses, Madison Avenue Presbyterian Church, and emerald treetops.
A library paneled in richly hued wood is a perfect space for quiet contemplation. Chefs of all skill levels will appreciate the sunny south-facing kitchen—which has been outfitted with a six-burner Garland range, two ovens, and extensive counter and cabinet space—while the entertainer will welcome the inclusion of a butler’s pantry, which offers an additional sink, linen and silver drawers, and auxiliary appliances.
The versatile floor plan provides desirable separation of public and private spaces, allowing for moments of true peaceful seclusion. A gallery hallway ideal for displaying art collections classic or contemporary leads to the bedroom wing. The owner’s suite features a wood-burning fireplace, oversized windows, spacious walk-in closets—one lined in cedar—and a luxurious marble bath. Each of the five guest bedrooms enjoys an iconic Manhattan view, and all bedrooms benefit from en suite baths. One of these guest spaces could be adapted to expand the owner’s suite to include a sitting room, dressing room, office, or home gym.
The building, of course, provides an array of white glove amenities, among them a full-time door attendant and elevator operator, storage space, and a wine cellar.