Annie Leibovitz's NYC apartment sells for $10.62 million, as famed photographer takes a LOSS on the price she paid

  • Annie Leibovitz has sold her Upper West Side duplex apartment
  • The famous photographer purchased the home for $11.24million in 2014
  • She sold the Manhattan home for $10.62million after listing it for $8.6 million

Annie Leibovitz has sold her swanky Upper West Side home for $10.62 million at a loss after purchasing the duplex in 2014.

Leibovitz bought her stunning home at 88 Central Park West for $11.24 million 10 years ago.

The 74-year-old portrait photographer put the duplex on the market for just $8.6 million four months ago.

The new owners are Kindle creator Gregg E. Zehr and lead Apple lawyer Kim M. Cooper. The married couple snagged the luxury Manhattan apartment for $10.62 million – $2 million over the asking price.

The unit is located in the Upper West Side’s Brentmore building, known to also house stars such as Robert De Niro, Lorne Michaels, Sting and Paul Simon.

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

Annie Leibovitz has sold her swanky Upper West Side home for $10.62 million at a loss after purchasing the duplex in 2014

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

Leibovitz bought her stunning home at 88 Central Park West for $11.24 million 10 years ago

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

The Upper West Side apartment stretched over the fifth and sixth floors of the iconic building and the stories were connected with a winding staircase featuring a wooden banister

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

New owners Kindle creator Gregg E. Zehr and lead Apple lawyer Kim M. Cooper snagged the luxury Manhattan apartment for $10.62 million – $2 million over the asking price

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

Leibovitz’s former duplex is 3,500 square feet and includes four bedrooms and three bathrooms

Leibovitz’s former duplex is 3,500 square feet and includes four bedrooms and three bathrooms.

The American photographer, best known for her engaging portraits of celebrities, decided to ditch her dreamy apartment now that her three daughters are all grown up.

Leibovitz explained that she chose the property partly because of its proximity to her daughters’ school.

‘The apartment is now too big for me,’ Annie told The New York Times.

‘I live and work downtown and our house upstate is now our family home,’ referring to the West Village apartment that she bought last year and her property in Rhinebeck, New York.

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

The photographer also added a library wall to the 672-square-foot living room, complete with a sliding ladder

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

The unit is located in the Upper West Side’s Brentmore building, known to also house stars such as Robert De Niro , Lorne Michaels, Sting and Paul Simon

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

The American photographer, best known for her engaging portraits of celebrities, decided to ditch her dreamy apartment now that her three daughters are all grown up

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

The property features French doors at the back of the space which open up to a formal dining room with breathtaking park views

The Upper West Side apartment stretched over the fifth and sixth floors of the iconic building and the stories were connected with a winding staircase featuring a wooden banister.

During her time in the home, Leibovitz added an office and redid the kitchen.

The photographer also added a library wall to the 672-square-foot living room, complete with a sliding ladder.

‘When I first walked into the apartment over 10 years ago, beautiful light was pouring into the living room windows from the park,’ Leibovitz said.

The property features French doors at the back of the space which open up to a formal dining room with breathtaking park views.

Leibovitz’s three daughters are ‘building their own lives’ now, according to the photographer.

She gave birth to her first daughter in October 2001 at the age of 52 and later had twins girls, born to a surrogate mother, in 2005.

Leibovitz had a close relationship with writer and essayist Susan Sontag from 1989 until Sontag’s death in 2004.

During Sontag’s lifetime, neither woman publicly disclosed whether the relationship was a platonic friendship or romantic.

When Leibovitz purchased the Upper West Side apartment in 2014 she was downsizing from her $28.5 million townhouse in the West Village.

Leibovitz bargained the property down from its original listing price of $14.5million, and officially purchased it approximately three weeks ago after the property had been on the market for nearly six months.

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

During her time in the home, Leibovitz added an office and redid the kitchen

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

Leibovitz said that her grown-up daughters are now ‘building their own lives’

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

Leibovitz had a close relationship with writer and essayist Susan Sontag from 1989 until Sontag’s death in 2004

annie leibovitz's nyc apartment sells for $10.62 million, as famed photographer takes a loss on the price she paid

The 74-year-old portrait photographer put the duplex on the market for just $8.6 million four months ago

The famous photographer, who frequently shoots for Vanity Fair and Vogue, was reported to be $24million in debt in 2009.

She eventually reached a long-term agreement with a California-based private investment firm, which helped manage her debt and market her vast portfolio.

A source said: ‘She’s made great progress on reducing her debt. Moving from a $30 million home to an $11million home is called downsizing. She is being responsible — and she continues to do great work at the highest levels.’

Read more

News Related

OTHER NEWS

Paul Hosford: Helen McEntee's future depends on the streets of Dublin remaining peaceful

Paul Hosford: Helen McEntee’s future depends on the streets of Dublin remaining peaceful The issue of policing in Dublin has been thrown into sharp focus following the horrific stabbing of ... Read more »

Five hospitalised following 'serious' two vehicle road traffic collision

The collision occurred on Monday morning. (stock image) Five people have been hospitalised following a two vehicle road traffic collision on Monday. Gardaí are appealing for witnesses to the collision, ... Read more »

Challenge: Try to find the hidden cat in a very old building

Challenge: Try to find the hidden cat in a very old building (Photo: Reproduction/Reddit) Only people with advanced observation skills can identify the hidden cat in this very old building. ... Read more »

Man arrested following suspected cocaine seizure in Galway worth €56,000

A man has been arrested following a seizure of cocaine with a value of €56,000 in Galway on Sunday evening. Gardaí seized the drugs during a search at a residence ... Read more »

Parkinson's Disease Warning Signs: What To Look Out For

generic doctor image Overview A chronic and progressive movement disorder that initially causes tremor in one hand, stiffness or slowing of movement. Symptoms If you or someone you know is ... Read more »

Man caught with over €1M worth of cocaine in van has jail time doubled in appeal

A man who was caught with over €1 million in cocaine in a “sophisticated” operation where the drugs were hidden in a modified compartment in his van has had his ... Read more »

Fine Gael TD Fergus O'Dowd announces he will stand down after the next General Election

File image of Fine Gael TD Fergus O’Dowd. FINE GAEL TD Fergus O’Dowd has announced that he will stand down at the next General Election. O’Dowd started his political career ... Read more »
Top List in the World