The late opera singer Luciano Pavarotti lived in his Manhattan apartment for majority of his days. After being off the market for some time, the co-op has now made a return - this time with a price cut - seeking $10.5 million, as per Deborah Grubman of the Corcoran Group.
The Central Park South apartment initially showed up on the market with Douglas Elliman Real Estate with a price tag of $13.7 million back in 2014. It eventually had a price cut, down to $11.5 million. Not having found a buyer, the home left the market in November.
The 23rd floor unit found in Hampshire House - on 150 Central Park South sandwiched between Avenue of the Americas and Seventh Avenue - boasts of Central Park views.
The home spans approximately 2,100 square feet: housing two bedrooms and two bathrooms. The great room, on the other hand, features an overlooking view of the famous park, as well as grand piano that Pavarotti frequently used before.
Unfortunately, the grand piano isn't even included in the asking price yet, those interested to purchase it will have to come to an agreement with Pavarotti's estate, says Grubman.
Although Pavarotti was born in Italy, the late opera singer purchased the apartment practically three decades ago. Not only that, but the sales from the Manhattan co-op will benefit Pavarotti's foundation. The Wall Street Journal reports:
"Mr. Pavarotti was born in Modena, Italy, but purchased the Manhattan apartment about 30 years ago. He died in 2007 at age 71. His widow, Nicoletta Mantovani, decided to sell because 'it's not really being used,' Ms. Grubman said. A portion of the proceeds from the sale of the apartment will go to the Luciano Pavarotti Foundation."
"I think it was not priced appropriately," said Grubman, regarding the home's lengthy stay on the market. "It's priced now at a point where I believe it will sell."
