Gucci sisters sell luxe Manhattan apartment for $45M
Alessandra and Allegra Gucci, daughters of the late fashion tycoon Maurizio Gucci, are listing their ultra-posh Manhattan penthouse unit for $45 million (AU$61 million).
Daniela V. Rivoir, listing agent for Brown Harris Stevens, which is handling the sale, says that the unit is located on the 50th and 51st floors of the Olympic Tower on Fifth Avenue in Midtown , according to a report from Wall Street Journal (WSJ). The apartment occupies about 9,500 square feet. It is a combination of two units with a total of seven bedrooms and baths. The place has two kitchens, one for the owners and the other for the staff, two private elevators, two wood-burning fireplaces and two staircases. It also has stunning views of the Empire State Building, One World Trade Center and the Chrysler Building. Plus, it has a 14-foot ceiling and a skylight.
WSJ previously reported that Alessandra and Allegra inherited the space from their father, the once head of Gucci and son of founder Guccio Gucci, who purchased it in the 1970s. Maurizio died in Milan in 1995. The sisters do not live in the apartment and have been renting it out for $60,000 (AU$82,000) a month since 2010. In a statement, they said that they want to sell the space because they spend most of their time in Europe.
Gucci is part of French luxury goods firm Kering, which is run by the Pinault family, and neither of the sisters have any role in its operations. Kering also owns other luxury brands, such as Alexander McQueen, Bottega Veneta, Saint Laurent, Balenciaga, Stella McCartney and Sergio Rossi.
The Gucci family were at the centre of a scandal in 1998 after Alessandra and Allegra's mother, Patrizia Reggiani, was sentenced to 29 years in jail after being convicted for ordering the murder of Maurizio in 1995, according to a report by The New York Times . Her accomplices, the hitman and her personal psychic Giuseppina Auriemma, were given a life sentence and 25 years, respectively. In 2011, Reggiani was offered parole after having served half of her sentence.
Reggiani reportedly refused to be released from prison in exchange for working at a lowly job, according to Italy Magazine. She has never worked a day in her life and would rather serve the rest of her sentence in the penitentiary while watering plants and taking care of her pet ferret. Two years later, she changed her mind and agreed to work part-time at Milan fashion house Bozart for three years.
Reggiani is famously known in high-society as the one who said , "I would rather cry in a Rolls than be happy on a bicycle." Click here to view photos of the Gucci apartment for sale from the official website of Brown Harris Stevens.
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