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      Sylvester Stallone Drops $25 Million in Cash on a Ritzy Hamptons Estate

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      Sylvester Stallone already owns a $35 million mansion in south Florida’s affluent Palm Beach community. But now the actor has decided to plump up his real estate portfolio, this time tacking on a home in the East Hampton enclave of New York for three of his most cherished family members.

      As first reported by the New York Post, the veteran TV and film actor has doled out a speck under $25 million in an apparent all-cash deal for a newly built home owned by married interior designers Phoebe and James Michael Howard. Stallone and his former model wife Jennifer Flavin acquired the one-acre spread for their daughters Sophia, Sistine and Scarlet, two of whom recently relocated from Los Angeles to New York and another who is currently attending school at the University of Miami.

      The living room is topped by a shimmering gold-leaf ceiling.

      Brian Bailey/MediaHamptons

      Completed in 2024, the property was sold in 2021 for roughly $6.4 million to the Howards. Shortly after the purchase, they engaged the services of McAlpine Tankersley Architecture to help them rebuild, reconfigure, and expand an existing shingle-style cottage that was previously owned by a prominent Long Island family for over two decades.

      Set on one of the area’s most coveted streets, just a mile from the Atlantic Ocean, the gated estate features eight bedrooms and 10 baths in almost 12,000 square feet of living space decked out with custom furnishings, art and finishes, plus an elevator to all three levels. The professionally landscaped grounds include a pool and spa nestled beside an open-air cabana, as well as a detached two-car garage sporting a finished loft space clad with old barn boards.

      An oval dining room is decorated with Émile-Jacques Ruhlmann chairs and lacquered cabinetry.

      Brian Bailey/MediaHamptons

      Inside, a double-height foyer displaying a curving staircase leads to a high-ceilinged living room centered around a bespoke fireplace adorned with a vintage mantel by Jamb of London. Bleached quarter-sawn white oak floors flow via a butler’s pantry to a striking teal-hued dining room, which connects to a gourmet kitchen boasting an eat-in island, a pricey Lacanche range, and a breakfast nook with a built-in banquette. Other highlights include a wood-paneled family room and a luxe primary suite with a steam shower-equipped bath, along with a lower level housing billiard and screening rooms.

      The listing was jointly held by Martha Gundersen and Paul Brennan of Douglas Elliman and Gary DePersia of the Corcoran Group; James Petrie of Compass repped the buyer.

      Click here for more photos of the East Hampton home.

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      in Luxury

      Lizzo’s Modern Beverly Hills Home Just Hit the Market for $16 Million

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      Now that Lizzo has doled out $12.4 million for actor Jeremy Renner’s longtime midcentury digs in the Hollywood Hills neighborhood of Los Angeles, the Grammy-winning singer, rapper, and classically trained flutist has decided to put her other home that’s tucked away in a celeb-favored enclave in the mountains above Beverly Hills on the market. The ask is an impressive $16 million, which is a whopping million dollars more than she paid for the place a little more than two years ago.

      Records show the Detroit-born musician acquired the modern spread from Warner Brothers CEO and co-chairman Aaron Bay-Schuck in spring 2022 for $15 million. Sited on a third of an acre in an exclusive gated community where nearby neighbors include Lisa Vanderpump, Jessica Alba, and Demi Moore, the property was previously owned by English pop singer Harry Styles from 2014 to 2016. Subsequently demolished and rebuilt by Simo Design and Fischer Construction, the sleek wood and stone structure ultimately sold to Bay-Schuck in late 2019 for $11 million.

      Secluded behind walls and gates, the two-story residence has three bedrooms and five baths in roughly 5,400 square feet of L-shaped living space centered around an open-air atrium. Floor-to-ceiling walls of glass frame sweeping canyon and hillside views, with glitzy amenities encompassing a gym and wellness area, as well as a movie theater and a studio/office.

      Other highlights include a formal dining room topped with fanciful globe lighting, plus an adjacent living room sporting a two-way fireplace that connects on the other side to a gourmet kitchen seamlessly flowing to a covered outdoor lounge area. A massive primary suite hovers atop the backyard’s saltwater infinity pool and comes with a luxe bath spotlighted by a floating soapstone fireplace and a concrete soaking tub. The oak tree-laced grounds also host a kitchen setup and a fire pit. More

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      in Luxury

      American Eagle CEO’s Oceanfront South Florida Penthouse Hits the Market for $34 Million

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      After a lengthy tenure, Jay Schottenstein has decided to relinquish ownership of his South Florida home on the Miami-area barrier island of Key Biscayne. Records show the billionaire American Eagle Outfitters chairman and CEO is asking a speck under $34 million for his sprawling penthouse at the exclusive beachfront Grand Bay Tower development, with the listing jointly held by Brigitte Nachtigall of ONE Sotheby’s International Realty and Ohad Fisherman of the Fisherman Group.

      Property records show Schottenstein and his wife Jeanie initially paid $5 million for a penthouse atop the 14-story structure in 2007 and subsequently picked up a neighboring penthouse for an undisclosed amount. They then spent the next five years combining the two units, which comprise the northeast and southeast corners of the building.

      Art-friendly walls and built-in display cabinets are prominent in the Geoffrey Bradfield-designed aerie.

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      RELATED: A Billionaire’s Revamped South Florida Penthouse Splashes Onto the Market for $39 Million

      Altogether, the four-bedroom, six-bath dwelling features a little more than 10,400 square feet of Geoffrey Bradfield-designed living space boasting sleek marble floors, high wood-paneled ceilings, gallery walls, and built-in cabinetry throughout. Floor-to-ceiling walls of glass and over 3,200 square feet of wraparound terraces also offer sweeping views of the Atlantic Ocean, Biscayne Bay, and Miami skyline.

      Other highlights include two private elevator landings and a sprawling living area spotlighted by a mosaic mural. The formal dining room connects to a gourmet kitchen outfitted with dual islands, top-tier stainless appliances, and a breakfast nook, while an opulent primary suite features a luxe bath that comes with a floating spa tub nestled alongside a glass-encased shower.

      An expansive network of wraparound terraces overlook stunning ocean, bay, and skyline views.

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      RELATED: A Hot Dog Mogul Is Serving Up This Oceanfront Florida Penthouse for $32.5 Million

      Elsewhere are dual offices and an entertainment-ready family room equipped with a seated bar, as well as an outdoor gym, a wine storage room, and separate staff quarters. Topping it all off are plenty of community amenities courtesy of a substantial $10,632 monthly HOA fee, including 24-hour security via a guarded entrance shared with the neighboring Ritz-Carlton resort, plus five parking spaces and access to a secluded beach.

      The recent World Retail Hall of Fame inductee—part of a wealthy Ohio-based family with a business empire that encompasses American Eagle Outfitters, American Signature Furniture, and DSW—owns a couple of other Miami-area residences and also maintains a large estate in his hometown of Columbus, Ohio.

      Click here for more photos of the Key Biscayne penthouse.

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      in Luxury

      Robert Redford Lists His Home in the Bay Area’s Marin County for $4.2 Million

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      After almost five years of ownership, Robert Redford has decided to part ways with his Marin County home in the Northern California enclave of Tiburon, about 40 minutes from San Francisco. The veteran film actor—probably best known for his roles in Butch Cassidy and the Sundance Kid, All the President’s Men, and Ordinary People, just to name a few—is asking a smidge under $4.2 million for the secluded spread, which he and his artist wife Sibylle Szaggars Redford acquired back in spring 2020 for $3.1 million.

      Resting at the end of an unpaved cul-de-sac, the private residence is sited amid a hillside parcel laced with gardens and towering redwood trees. Built in the late 1960s and updated by the couple during their tenure, the rustic wood-shingled cottage has four bedrooms and three baths in a little more than 2,800 square feet of split-level living space rife with hardwood floors, soaring sky-lit ceilings, and picturesque views of the San Francisco Bay from almost every vantage point.

      An open-concept great room opens to a wraparound deck looking out over the San Francisco Bay.

      Open Homes Photography

      RELATED: An Ultra-Private Bay Area Oasis With Spectacular Scenery Is Up for Grabs at $8.3 Million

      A gated entrance nestled alongside an attached two-car garage leads into the courtyard patio, which has steps leading up to a small porch and front door that opens into coastal-inspired interiors highlighted by a living room boasting a tile-clad fireplace, plus glass doors spilling out to a wraparound deck. An adjacent dining area abuts the kitchen, which is outfitted with top-tier Wolf and Viking appliances and an eat-in island, as well as an accompanying breakfast nook.

      Sequestered down a hallway are four bedrooms, including one that’s been converted into an office and a primary suite that comes with a walk-in closet/dressing area and a bath spotlighted by a large rainfall shower, while the lower level holds a spacious family room that flows outside. Per the listing held by Steven Mavromihalis and Tom Fitzgerald of Compass, some furnishings and artwork that include pieces created by the sellers themselves can also be purchased separately.

      Like most rooms in the home, the primary suite also has picturesque water views.

      Open Homes Photography

      As first reported by the San Francisco Chronicle, the 88-year-old Southern California native and Oscar-winning actor is selling because he is spending more time at his primary residence in Santa Fe, N.M., where his wife has been creating new art and focusing on her fine art gallery, and together they are supporting The Way of the Rain, a local nonprofit that produces educational and artistic performances to protect the environment and promote global conservation efforts. The couple also maintains homes in California and Utah, where Redford founded the Sundance Film Festival. 

      Click here for more photos of Robert Redford’s Bay Area home.

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      in Luxury

      Rupert Murdoch Takes a $20 Million Loss on His New York City Penthouse

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      After a dizzying two years on and off the market and numerous price chops, Rupert Murdoch has finally sold his penthouse in New York’s Flatiron District to an as-yet-unidentified buyer for a speck under $24 million. The Fox News and News Corp owner bought the triplex at the One Madison tower in 2014 for a whopping $43 million, which means he took a stunning $20 million loss on the property, not counting carrying costs, improvement expenses and real estate fees. The nonagenarian billionaire originally aimed for a much higher (and profitable) sum when he first listed the apartment in 2022 for $62 million. Alas, failing to find an interested party at that sky-high price, the media magnate’s mansion in the sky received several price chops. It was last discounted in June to its final ask of $28.5 million.

      The reason for the reductions was to keep the residence in line with comparable values in the area, Kyle Blackmon, the head of luxury sales at Compass, who represented the property, told Crain’s New York Business over the summer. “My client is a realist, and he is very astute about how markets function,” Blackmon explained to the newspaper.

      Rupert Murdoch’s triplex penthouse at One Madison in New York City just sold for $23.8 million.

      Anton Brookes | H5 property

      RELATED: A Gold Dome Caps This $25 Million Manhattan Penthouse Being Sold for Charity

      The condo occupies the 58th, 59th, and 60th floors of the bronze and glass skyscraper and has been renovated during Murdoch’s decade-long residence. Altogether, the three-level spread comprises six bedrooms and six and a half bathrooms across its 7,143 square feet and is decked out with double-height, floor-to-ceiling windows that offer up panoramic views of the Empire State Building, along with the gold dome that caps the New York Edition hotel. And, for those with no fear of heights, a slender terrace wraps around the great room.

      The great room has floor-to-ceiling windows with 360-degree city views.

      Anton Brookes | H5 property

      The lower floor holds an eat-in chef’s kitchen, a dining room, and a cozy library. There’s an option of taking the private internal elevator or sculptural, circular staircase to the middle level, which holds two guest bedrooms with private baths, plus a staff suite. There are two more en suite guest bedroom and a primary suite complete with an ensuite bath and large dressing room on the top floor.

      The apartment overlooks the Empire State building and 23 East 22nd Street.

      Anton Brookes | H5 property

      As it turns out, Murdoch hasn’t had much luck at One Madison: he sold another condo situated directly below the triplex back in October 2022 for $12.5 million, about $1.5 million less than the $14 million he paid when he snapped it up in 2014.

      The Australian-born tycoon and his new bride—he was married for the fifth time earlier this year to retired Russian molecular biologist Elena Zhukova—isn’t saying goodbye to New York City altogether as he remains the owner of a 6,500-square-foot, full-floor apartment at Hampshire House on Central Park South, which he picked up last year for $35.2 million, a whopping $5.2 million over the asking price.

      Authors

      Abby Montanez

      Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, entertainment, dining, travel to…

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      in Luxury

      Paul Newman and Joanne Woodward’s Manhattan Pied-à-Terre Can Be Yours for $10 Million

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      One of Hollywood’s most successful and enduring couples, Paul Newman and Joanne Woodward, long made their home on a 6.8-acre spread in Westport, Connecticut. For decades, they also maintained a penthouse pied-à-terre that Woodward, sixteen years after Newman’s death, has just hoisted onto the market for $9.95 million. Maintenance charges tally up to more than $13,000 per month, according to listings held by Noble Black and Jennifer Stillman of Douglas Elliman Real Estate.

      According to The New York Times, the couple acquired the penthouse in the early 1980s and used it for weeks-long stays in the city and for entertaining prominent, high-powered friends such as Barack Obama, Bill Clinton, Tom Cruise, Cher, and Harry Belafonte. The sale is being handled by the couple’s children on behalf of Woodward, who largely retreated from public life after she was diagnosed with Alzheimer’s disease in 2007. Carefully maintained but not updated much in recent years, the top-floor spread retains original prewar features like nearly 11-foot ceilings, herringbone wood floors, a wood-burning fireplace, and decorative wood moldings and built-ins.

      RELATED: This $20 Million Manhattan Penthouse Is Perched Atop the Tallest Residential Tower on Fifth Avenue

      Newman was a skilled jazz and blues pianist who kept a grand piano in the living room.

      Evan Joseph Studios

      The apartment is one of two penthouses atop a handsome, J.E.R. Carpenter-designed limestone-clad building, which was completed in 1925 and stands at the corner of East 93rd Street and Fifth Avenue across from the Jacqueline Kennedy Onassis Reservoir. One of the more distinguished cooperative apartment houses on Fifth Avenue, other notable residents over the years include another entertainment industry couple who have been married for decades, Michael J. Fox and Tracy Pollan, and James Gorman, the former CEO of Morgan Stanley, who will become chairman of The Walt Disney Company next year.

      Essentially set up as a one-bedroom apartment with two bathrooms and a powder room, the penthouse pad spans about 3,000 square feet. Two terraces add another 2,300 square feet of space, one east-facing with sweeping sunrise views over Central Park and the other with north, west and south city and sunset views. 

      Newman, a racecar driver as well as a skilled pianist, once kept a grand piano in the 36-foot-long living room that has a fireplace at one end and a hidden walk-in dry bar at the other. The adjacent dining room has a wall of built-in shelves, while the kitchen is functional if quite dated with tile that dates to the 1980s. The service areas around the kitchen include a butler’s pantry, a breakfast room with terrace access and a spacious laundry room.

      The dining room features original wood moldings and built-ins.

      Evan Joseph Studios

      RELATED: The 25 Most Expensive Homes in the World for Sale

      Off the foyer is a study that can be used as a second bedroom, while the spacious primary suite is a combination of two smaller bedrooms. There are two walk-in closets, a tiled bathroom and access to a huge wrap-around terrace. Woodward owns a separate two-bedroom apartment on the ground floor, which was used as an office, gym and guest space, and is reported to be available for purchase separately. 

      Newman and Woodward are show business legends with storied careers and long lists of accolades. Between them they received 15 Academy Award nominations. Woodward took home a best actress award for the 1957 film The Three Faces of Eve, while Newman won his best actor trophy for Martin Scorsese’s 1986 movie “The Color of Money” and was also honored with the Jean Hersholt Humanitarian Award in 1994.

      Click here for more photos of the Fifth Avenue apartment.

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