T-Mobile CEO John Legere is selling his luxury New York City penthouse, located in the exclusive Central Park West neighborhood, for nearly $18 million.
listed by Compass Real Estate
Legere appears to have struggled to find a buyer for the palatial apartment, and the price tag reflects a hot luxury market that’s showing signs of cooling off. In February, the Wall Street Journal reported that the penthouse was listed for $22 million, and the current asking price of $17.96 million is almost exactly what Legere paid for it back in 2015. The apartment once fetched a price tag of $27.5 million.
The apartment spans two floors and nearly 3,600 square feet, and has four bedrooms and four bathrooms. Two of the bedrooms have direct views of Central Park, according to the listing.
There is also a 1,700 square foot private terrace that extends the length of the building, and is accessible from the living room, dining room and master bedroom.
A wood-burning fireplace is the focal point of the living room, which has towering ceilings over 11 feet high. The pre-war building was designed in “Neo-Renaissance style with Beaux-Arts elements,” the listing states.
The penthouse also features a tower that overlooks Central Park, with stained glass windows and a full wet bar.
The cooperative building was completed in 1929 and has 94 residences, along with a list of perks including a fitness center, doorman and children’s playroom. Legere’s penthouse was once occupied by newspaper magnate William Randolph Hearst.
Legere has served as CEO of T-Mobile since 2012.