Keith Richards Offloads Manhattan Penthouse at a Loss in $9M Sale

Published: September 18, 2018 | By: American Luxury Staff

Keeper of the cross-eyed heart Keith Richards finally sold the Greenwich Village penthouse he’s owned with his wife, Patti Hansen, since 2014. The couple had been wrestling with the sale for about two years, having first listed it for just under $12.25 million in the spring of 2016. The couple bought the home for $10.5 million about two years before that, and put a substantial sum into a stem-to-stern revision; the selling price in the late summer of 2018 was $9 million.

Which may have the raspy-voiced rocker somewhat nonplussed, and singing the fickle RE-market blues. The building—1 Fifth Avenue—is situated in the heart of the Village; it dates to 1927, features a heady dose of deco dazzle, and stands a manageable 27 stories, fitting in beautifully…but just imperiously enough…in the local landscape. What’s not to like? Even if it’s not the architectural couture of 432 Park or 433 Greenwich.

Anyway, it was only a pied-a-terre when Redlands was across the pond and Manhattan beckoned. At 2,700 square feet, it’s a good size for a home-away-from-English-country-estate, with three bedrooms and four baths accommodating a small family nicely. The upper level bedrooms include a nicely-proportioned master suite, and there are three terraces to choose from. And, Richards and Hansen still own their warm-weather holiday getaway on Parrot Cay, and a Christmas in Connecticut getaway in Weston.

So they’re not too fussed.

5032 September 18, 2018 Real Estate September 18, 2018