Priced to sell after a second DRASTIC price drop!!! Entire floor elegant penthouse with approx 1500 sq ft of private terrace space which is being renovated therefore cannot be used until probably December therefore the price improvement. Upon completion of terrace work, the price will increase. This sophisticated approx 3,000 sq. ft. apartment is located in the renovated Lombardy Hotel built in 1926 by William Randolph Hearst.

The spectacular space was created by a meticulous combination of 4 apartments. Your home has a 360 degree view of beautiful skyline city lights. Two private elevators open directly into a grand foyer that could easily be converted into a fourth bedroom.

The palatial living room features beamed ceiling and built in bookcases and is ideal for entertaining adjacent to a true chef’s kitchen with large island and butler’s pantry. The amazing master bedroom has a dressing room and a never ending custom wall of closet space and drawers with laundry room. The second bedroom has a walk in closet and full bath and the third bedroom/study/office has an entrance to the West terrace. Situated between Park Avenue and Lexington, you are three blocks from Central park and close to world-class shopping.

No nearby midtown residence can boast an intimate outdoor oasis which can be accessed though three entrances. Complete renovation of this massive outdoor space is taking place. Monthly fees include electricity, gas, minor repairs, fitness center, RE taxes and the piece de resistance, twice a day maid service. All that and bragging rights that Bette Davis, Henry Fonda, Edna Ferber, Richard Rogers and Elizabeth Taylor once lived here. At the end of your day, walk downstairs or order up a signature Chily Lobster soup and a 52 oz.

porterhouse prepared by Chef Marc Forgione at the American Cut Steak House and after enjoy the clandestine wine room offering you a selection of over 300 wines. Other five star amenities are at your fingertips including 24 hour concierge and doorman, The Ninth Street Espresso bar, spa, valet parking, hair salon, dry cleaning, seamstress, and front desk check-in for your guests, and on-site business center. This apartment could fit many uses. It is perfect for a family living there year around, a pied-a-terre purchased by a foreign, corporate, trust or LLC buyer, a head of state who frequents Manhattan, a law firm needing to house visiting attorneys working on a case as owners can rent the unit daily, monthly or yearly to maximize investment income and tax deductibility.

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