Pincus property is one pricey pad


Lionel Pincus, the CEO of Warburg Pincus, and a popular face in New York’s wealthy social scene, has put his apartment in The Hotel Pierre up for sale, with an asking price of $50 million.

(Yeah, you read that correctly.)

The Hotel Pierre, built in 1928 and located at 795 Fifth Avenue, has a rich history, having once been purchased by tycoon J. Paul Getty, and has included mega-socialite residents over the years like Lady Fairfax.

Pincus’ 30th-floor duplex in the Pierre features fourteen rooms, endless views of lovely Central Park, and a host of features that make the asking price well worth it: an opulent wet bar, gym, library, two oversize master baths, three powder rooms, two kitchens, and full service from the hotel’s staff, just seconds away.

The Wall Street banker’s not-so-humble abode clearly has exactly what any of New York’s elite could ever possibly want in their showpiece mansion, which leads us at Haute Living to think that the $50 million asking price is worth its weight in gold.

Via Corcoran