David Chase Splurges on a Brand New Penthouse in NYC

The "Not Fade Away" director definitely does not want to fade away any time soon After gathering favorable reviews and critical acclaim for his debut movie, David Chase has reportedly coughed up $9.65 million for a plush penthouse couched atop a tower of the London Terrace Complex located in the West Chelsea neighborhood of New York City.

It was rumored that the "Sopranos" director had recently sold off a townhouse in the same neighborhood for $6.9 million. The sale was a secret affair and the identity of the owner was kept hidden. However, gossip girls of the town flashed it all over the Internet saying the townhouse seller was Chase, reports Real Estalker.

The London Terrace complex is a star studded residential place. Many high profile celebrities have taken shelter in its expensive condos and penthouses. Nicole Kidman and Katherine Helmond briefly rented condos in the place while Debby Harry still owns two units in the complex.

Chase's new penthouse is spread across an area of 2700 square feet and consists of three bedrooms and three and a half bathrooms. The U-shaped penthouse sports 1,300 square feet of outdoor space. The place is done with white oak hardwood flooring and features custom fabricated French doors and windows.

The kitchen has a white center rise which can be used as an eat-in facility. The place also sports a large foyer leading to the living room that has a warm fireplace. The outdoors provide great views of the Empire State Building and the city as well, reports Real Estalker.

The penthouse belonged to famous interior decorator, William Diamonds, who started off a renovation on the property. However, Diamonds got into a financial crisis after being trapped by Bernie Madoff in his infamous Ponzi scheme. Unable to proceed with the renovation, Diamonds sold the place in May 2009 to a couple who completed the renovation.

Chase is currently working on his next mini-series "A ribbon of Dreams" that is slated to air on HBO. The series will portray the story of two men from different backgrounds who set out to make a fortune at the movies.

"The story is about the earlier years of Hollywood and follows two men in 1913," HBO representatives stated in a press release. "Together a cowboy and engineer team up, form a production company, and change an industry, in Ribbon. Brad Grey is set to produce, Chase will write the series and direct initial episodes."

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