Hugh Jackman Lists Sprawling West Village Triplex For $54.7 Million
The actor and wife Deborra-Lee Furness purchased the Manhattan apartment for around $29 million in 2008
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The Music Man is making moves: Actor Hugh Jackman has listed his longtime West Village apartment for approx. $54.7 million. The Australian-born “X-Men” and “Les Miserables” actor, 53, and wife Deborra-Lee Furness, 66, purchased the five-bedroom triplex for $29.5 million in 2008, according to records.
“They’ve been there for over 14 years, and they love the apartment and the building, but felt at this point they needed something new,” said Corcoran’s Deborah Grubman, who is representing the listing along with David Adler and Paul Albano, also of Corcoran. “They’re committed New Yorkers, and they will not just be staying in New York City, but will be staying in the immediate area.” (Mr. Jackman is currently starring alongside Sutton Foster in a Broadway revival of “The Music Man.”)
Located in boutique condo building Meier South Tower, the 11,000-square-foot home occupies the eighth, ninth and 10th floors of the building, and is the only individual apartment to have also been designed by the building’s architect, Richard Meier, Ms. Grubman told Mansion Global.
The apartment is designed with wall-to-wall and floor-to-ceiling windows overlooking the Hudson River, with views maximized by an enormous double-height great room, per listing photos.
“The apartment obviously has huge square footage, but also a huge volume of space because you have the double height living room,” Ms. Grubman said. “When you walk into that entertainment floor, it’s just a wow, with floor-to-ceiling glass. Having the [unit] facing west means those views are of the Statue of Liberty, the boats, remarkable sunsets.
“It’s really kind of a postcard for New York,” Ms. Grubman added.
Four bedrooms with en-suite baths are located on the eighth floor along with a recreation room, a library/guest bedroom, and a terrace overlooking the Hudson River, according to the listing. The great room, which includes a fireplace and space for a large dining area, is located on the ninth floor, as is a home office area and a professional gourmet kitchen with marble counters, breakfast bar seating and wall-to-wall views.
The 10th floor is configured as a primary bedroom suite, which includes a studio or exercise area, as well as a bathroom with dual sinks and a soaking tub with views of the river. The home centers around a sleek white spiral staircase that connects each floor.
Amenities in the building include a fitness centre, full-time doorman and concierge, as well as Jean-George Vongerichten’s Perry Street Restaurant.
“It’s a boutique building, not too big, very congenial and quite intimate,” Ms. Grubman said. “It’s incredibly well-staffed and well run. [Mr. Jackman and Ms. Furness] have absolutely loved and enjoyed the apartment, and raised two children here.”
The listing came on the market on Monday, according to records. Mr. Jackman was not immediately available for comment.
Reprinted by permission of Mansion Global. Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: June 9, 2022
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Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
Capital cities lead the way as median home values see clear upswing
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Home values continue their upwards trajectory, recording the strongest monthly growth in 18 months, CoreLogic data shows.
The property data provider reports that their Home Value Index has noted a third consecutive rise in values in May, accelerating 1.2 percent over the past month. This is on the back of a 0.6 percent increase in March and 0.5 percent rise in April.
Sydney recorded the strongest results, up 1.8 percent, the highest recorded in the city since September 2021. The fall in Sydney’s home values bottomed in January but have since accelerated sharply by 4.8 percent, adding $48,390 to the median dwelling value.
Melbourne recorded more modest gains, with home values increasing by 0.9 percent, bringing the total rise this quarter to 1.6 percent. It was the smaller capitals of Brisbane (up 1.4 percent) and Perth (up 1.3 percent) that reported stronger gains.
CoreLogic research director Tim Lawless said the lack of housing stock was an obvious influence on the growing values.
“Advertised listings trended lower through May with roughly 1,800 fewer capital city homes advertised for sale relative to the end of April. Inventory levels are -15.3 percent lower than they were at the same time last year and -24.4 percent below the previous five-year average for this time of year,” he said.
“With such a short supply of available housing stock, buyers are becoming more competitive and there’s an element of FOMO creeping into the market.
“Amid increased competition, auction clearance rates have trended higher, holding at 70 percent or above over the past three weeks. For private treaty sales, homes are selling faster and with less vendor discounting.”
Vendor discounting has been a feature in some parts of the country, particularly prestige regional areas that saw rapid price rises during the pandemic – and subsequent falls as people returned to the workplace in major centres.
The CoreLogic Home Value Index reports while prices appear to have found the floor in regional areas, the pace of recovery has been slower.
“Although regional home values are trending higher, the rate of gain hasn’t kept pace with the capitals. Over the past three months, growth in the combined capitals index was more than triple the pace of growth seen across the combined regionals at 2.8% and 0.8% respectively,” Mr Lawless said.
“Although advertised housing supply remains tight across regional Australia, demand from net overseas migration is less substantial. ABS data points to around 15% of Australia’s net overseas migration being centred in the regions each year. Additionally, a slowdown in internal migration rates across the regions has helped to ease the demand side pressures on housing.”
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
