Steve Wynn's NYC Penthouse Withdrawn Despite $25M Slash

Las Vegas hotel magnate Steve Wynn has opted to withdraw his impressive duplex penthouse in Central Park South from the market, despite a substantial $25 million reduction in its price tag. Originally listed at a staggering $90 million, Wynn slashed the price to $65 million last year, making the latter amount $5 million less than what he paid for the luxurious residence back in 2012.

Unveiling Wynn's Opulent Residence

Situated on the 30th and 31st floors of the Ritz-Carlton New York, Central Park, Wynn's residence spans nearly 11,000 square feet. With three bedrooms and breathtaking views of Central Park and the Manhattan skyline, this duplex offers more than just a place to live. Noteworthy features include a dining room that opens to a 28-foot-long terrace, adding to the allure of this extravagant pied-à-terre.

The Unseen Gems of 50 Central Park South

While Wynn's penthouse steps back from the spotlight, 50 Central Park South remains a hotspot for high-profile real estate transactions. Notably, billionaire Bernard Arnault's son, Alexandre, has recently become a resident. Meanwhile, another penthouse, previously part of the late finance guru Frederick Adler's estate, found a new owner at $27.9 million—slightly above Adler's initial purchase price of $27 million in 2007.

A Sublime Spread: Adler's Penthouse

The just-sold penthouse from Frederick Adler's estate offers a lavish lifestyle, boasting five bedrooms and 7½ bathrooms within its 9,500 square feet. Priced at $34 million, down from the initial $37 million, the residence features a sprawling 2,500-square-foot main bedroom suite, a formal dining room, a corner living room, and an eat-in chef’s kitchen. High ceilings and double doors lead to a terrace providing stunning views of Central Park.

Notable Past Residents

The allure of 50 Central Park South is further highlighted by its prestigious past residents, including billionaires Larry Ellison and Sidney Kimmel. Ellison, the internet mogul, and Kimmel, renowned for producing films like "Crazy Rich Asians," have added to the prestige of this sought-after address. The recently sold penthouse had Erin Boisson Aries, Nic Bottero, and Dustin Crouse of Douglas Elliman as its listing brokers, marking another chapter in the building's storied real estate history.