Paul Newman and Joanne Woodward’s Manhattan retreat has gone into contract after less than three weeks on the market – and a fierce bidding war involving multiple interested parties, Gimme Shelter can reveal.
The penthouse, at 1126 Fifth Ave., was asking $9.95 million. Maintenance fees are $13,078 per month.
The final purchase price is not yet known, but all offers were above the apartment’s asking price, sources said. DONE
Newman — a screen star, philanthropist, entrepreneur and race car driver — died in 2008. Woodward, now 94, was diagnosed with Alzheimer’s in 2007 and lives quietly in Westport, Conn., where the couple raised their three daughters. theirs.
It is the first time the flat, which spans close to 3,000 square meters, is available for purchase in more than four decades. The ritzy residence also features two terraces, with sweeping views of Central Park, totaling 2,300 square feet. It was often used to host glamorous parties for stars such as Tom Cruise and Cher, and Presidents Bill Clinton and Barack Obama.
It’s all topped by a grand, 15-story limestone building designed by James ER Carpenter and built in 1925.
The vendors are Newman and Woodward’s daughters, Nell, Melissa and Clea. They described the residence as a true retreat for their parents, who loved enjoying all that New York has to offer from their loft.
“It was their oasis in New York,” Clea Newman Soderlund, their youngest daughter, told the New York Times when the apartment first went on the market.
“They would spend weeks at a clip there. They would go to the theater or the opera or go out to dinner with friends,” Clea said.
“My mother wanted a terrace for the dogs so they could go outside – that was the main objective,” added Clea. “They ended up getting this incredible property that overlooks the park and the reservoir, and they got the sunrise and the sunset.”
Original details include approximately 11-foot-high ceilings, herringbone hardwood floors, and wood-burning fireplaces. The house opens into a foyer leading to a library/bedroom with built-in bookshelves.
There is also a formal dining room with built-in shelving and window seating. It leads into the open, windowed kitchen with a butler’s pantry, a breakfast nook, butcher block counters and original metal cabinetry.
A large living room comes with a wood-burning fireplace, its own carved wood cabinetry, a Newman grand piano and a separate dry bar. A terrace facing Central Park is accessed through the kitchen and living room.
Meanwhile, the master bedroom features two large closets, a hand-painted tiled bathroom and access to the terrace.
Most of the beloved Hollywood couple’s furniture and art was removed, some sold at auction — though some “old photographs, books and personal items” remain, according to the Times.
Woodward still owns a second two-bedroom apartment on the first floor, used as an office, gym and guest space – and is also available for purchase.
Newman is known for many films including “The Color of Money,” which earned him an Oscar for Best Actor, while Woodward won an Oscar for Best Actress for “The Three Faces of Eve.” As philanthropists, they also founded the SeriousFun Children’s Network and Newman’s Own Foundation.
Listing agents Noble Black and Jennifer Stillman, of Douglas Elliman, declined to comment.
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