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Actor Kelsey Grammer In Contract to Sell New York Condo

The Wall Street JournalJune 08, 2017

Actor Kelsey Grammer is under contract to sell his condo In New York’s Chelsea neighborhood almost a year after it went on the market for $9.75 million.

 

The 3,076-square-foot, three bedroom apartment, located near the top of a 23-story glass tower designed by Pritzker Prize-winner Jean Nouvel, had been reduced to $8.95 million in March and will close for “just below $8 million,” said listing agent Emily Beare with CORE. She shared the listing with Daniel Amell at the same brokerage.

 

 “It takes forever and ever to get a deal done” in this price range, Ms. Beare said. When the listing first came on there were fewer options, but many pricey new units have cropped up since, she said, softening the market.

 

Mr. Grammer bought the unit for $6.4 million in 2010 through a limited-liability company, records show. His publicist, Stan Rosenfield, confirmed that Mr. Grammer owned the apartment, and was selling because his family “had outgrown it.” Mr. Grammer, 62, has seven children; he is best known for his roles on the television shows “Cheers” and “Frasier,” and will star in the Amazon series “The Last Tycoon.”

 

The apartment will sell unfurnished, but was shown with the owner’s personal belongings. Curious buyers might have connected the dots, Ms. Beare said—Mr. Grammer’s piano, from the set of the sitcom “Frasier,” was prominently displayed. Etched inside are autographs from all the cast members, she said.

 

That didn’t influence the buyers’ decision, said agent Leslie Lalehzar with Sotheby’s International Realty, who said her clients were more interested in the views. The apartment has about 100 linear feet of glass overlooking the Hudson River and the city skyline. There is a combined living, dining and kitchen area and 3½ bathrooms.

 

The agents would not identify the buyers. Ms. Lalehzar said they are a local family who viewed the property early on, a total of seven times.

 

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