Tommy Hilfiger Gets $66.7 Million for Aspen Ski Home
The famed fashion designer sold the ski-in, ski-out property about three months after buying it for nearly $42 million.
2 min
In Aspen’s booming luxury market, fashion designer Tommy Hilfiger has sold a slopeside mansion for $66.7 million, roughly three months after buying it for nearly $41.3 million.
The ski-in, ski-out home traded in an off-market deal that closed Tuesday, said Steven Shane of Compass, who represented both parties in the transaction. He declined to disclose the identity of the buyer. Mr. Hilfiger and his wife, Dee Ocleppo Hilfiger, bought the Aspen Mountain property in December, property records show.
PHOTO: JORDAN STRAUSS/INVISION/AP
Mr. Hilfiger declined to comment. The designer, known for his all-American clothing brand, is also a prolific house renovator. Last year, the Hilfigers traded a grand Connecticut estate for a mansion in Palm Beach, The Wall Street Journal reported.
Mr. Shane said the Hilfigers had spent several years looking for a “legacy property” in Aspen to remodel and make their own. “It was never their intention to buy it and sell it,” he said. “It’s difficult to pry a property like this one away, but I think everything has a price.”
Built in 2003, the house is about 665sqm with four bedrooms, Mr. Shane said. It is located on the Little Nell ski trail on Aspen Mountain.
The Hilfigers bought the home from the family of the late Cynthia and George P.Mitchell, property records show. Mr. Mitchell was a Texas real-estate developer and oil baron who pioneered fracking.
Thanks to limited inventory and high demand, Aspen’s luxury market is burgeoning. Last year, a mansion overlooking the tony ski town sold for a record approx. $96.5 million, the Journal reported. A mountaintop mansion recently traded for approx. $54 million.
Mr. Shane said he’s doing an increasing number of off-market deals. “When somebody wants something, they buy it,” he said. “Most often it will be worth more tomorrow than what they paid for it today.”
Reprinted by permission of The Wall Street Journal, Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: March 22, 2022.
Copyright 2020, Dow Jones & Company, Inc. All Rights Reserved Worldwide. LEARN MORE
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
3 min
There’s no shortage of design inspiration online but nothing beats the joy of spending an afternoon immersing yourself in a good interior design book. Edited, carefully curated and, above all, designed, these titles take you behind the scenes of some of the world’s most beautiful interiors in a considered way. Think of it like the difference between listening to a few tunes on Spotify versus releasing a thoughtfully crafted studio album. We’ve assembled our top six of interior design books on the market right now for your viewing and reading pleasure.
1. Interiors beyond the primary palette
Step inside the world of award-winning interior design duo Juliette Arent and Sarah-Jane Pyke in this, their first compendium of their work. A ‘best of’ over more than 15 years working together, it’s a masterclass in working with colour and pattern as seen through 18 projects from around the country. With a focus on the idea of home as sanctuary, this hefty tome offers insight into the mind of the designer with points on where to find inspiration, meeting client briefs and the importance of relationships. Thames & Hudson, $120
2 House of Joy
If there was ever a book title for our times, then this is it. With a subtitle of Playful Homes and Cheerful Living, this book champions fun in interior design, with bold and bright homes from around the world to delight and inspire. While there’s a good dose of the unexpected, like a disco ball in the garden, there’s no mayhem in these spaces. Instead, they’re beautifully executed to tempt even the most colour shy. Gestalten, $105
3. Abigail Ahern Masterclass
Some design books are beautiful to look at, and that’s it. This is not one of those books. A master of colour and pattern, UK designer Ahern offers a practical foundational guide to beautiful interiors, mixing form with function in her latest book, Masterclass. Find the inspiration you need to create a gorgeous home. HarperCollins, $65
4. Interiors Now!
Looking for a visual crash course in international design trends with longevity? This is the book for you. Featuring homes across the globe, from New York to Auckland via Avignon, the biggest dilemma for readers is settling on a style. Many of the projects are owned by designers and creatives, lending a dynamic edge to this tome, now in its 40th year. Taschen, $50
5. Home by the Sea
For many Australians, the ocean holds an almost hypnotic appeal. Home by the Sea by Natalie Walton lets you imagine, for a little while at least, what it’s like living the dream in a beach shack in Byron Bay. The book tours 18 homes in and around the region and the hinterland owned by artists, designers and makers. With photography by Amelia Fullarton, it champions the good life. Hardie Grant, $60
6. The Layered Interior
Released last year, this is the third volume from award-winning interior designer Greg Natale. Different in format from his earlier books, the eight projects featured are Australian but with a slight Euro-centric focus. The writing is conversational, almost intimate, inviting the reader into the most luxurious spaces beautifully captured by photographer Anson Smart. This coffee table tome is perfect for dreamers and doers alike. Rizzoli, $110
Sydney’s prestige market is looking up, here’s three of the best on the market right now.
Content moderation rules used to be a question of taste. Now, they can determine a service’s prospects for survival.
