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New York Observer

Transfers: Mogul To Mogul

By: Morgan Halberg
Published: 10/21/2015Source: New York Observer

Featuring Brian Rice and Douglas Albert's William Randolph Hearst penthouse sale at 91 Central Park West, Upper West Side, Manhattan.

 

A MODERN-DAY MEDIA/TECH/COMMUNICATIONS bigwig has scooped up the home once occupied by the man who built America's largest newspaper chain.

John Legere, the CEO of T-Mobile, has purchased the grand Central Park West penthouse that originally belonged to William Randolph Hearst.

Too bad he won't be getting Hearst's whole spread-the other half is currently owned by Giorgio Armani, who's shown no signs of budging. Or should we say Marion Davies' whole spread-it's rumored that Hearst's mistress Davies was the one who actually lived in the 15th-floor penthouse, taking her pocket money from the building income it was, at the time, a rental.

An elevator opens directly into the duplex, which per public record was most recently owned by the late Carol T. Blake. Blake's estate put a rather hefty $27.5 million price tag on the four-bedroom when it was listed in 2014, before lowering their expectations by nearly $10 million and accepting $18 million from Mr. Legere.

Brian Rice and Douglas Albert at Corcoran had the listing at 91 Central Park West, which includes a 1,600-square-foot terrace, an overhead skylight above the stairwell, and two fireplaces - one wood-burning, the other for decorative purposes. Other rather old-fashioned quirks include large-scale Elizabethan-style stained glass windows, wood-paneled walls and Tudor chandeliers, not to mention the second-floor tower library (yes, tower, and no, not a cell phone tower), which has 14.5-foot ceilings and a hand¬crafted wood bar.

Perhaps Mr. Legere, who was named as T-Mobile's CEO in 2012, will consider the addition of some more modern features .. .we can't imagine he would tolerate anything other than the best cell reception, even from atop his Central Park West tower. He will, after all, have to check his phone to get the time from the terrace now that the famed CNN clock has been taken down.

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