Paramount CEO Brad Grey Buys $15.5 Million Apartment in New York's Carlyle Hotel (Exclusive)

Brad Grey
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The 35-story building, once the New York home of President John F. Kennedy, includes hotel rooms and residences.

Paramount CEO Brad Grey has purchased a four-bedroom apartment at the Carlyle Hotel in New York for $15.5 million. The off-market transaction closed Nov. 17.

The 35-story tower at 35 East 76th St. includes hotel rooms and about 60 co-op residential units. It is owned by Dallas-based Rosewood Hotels & Resorts.

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Grey purchased the 3,000-square-foot unit, which takes up the Carlyle's entire 26th floor, from asset manager Peter M. Schoenfeld, who had bought the apartment in 2007 for just under $6.5 million. Schoenfeld runs New York-based P. Schoenfeld Asset Management.

Grey's new abode, which he purchased with wife Cassandra Grey, also includes a library and was recently renovated; the asking price was $17.5 million. Owners of the Carlyle's residential units have access to the hotel's amenities, including maid and room service. In the last decade of his life, President John F. Kennedy owned a residence in the hotel, earning it the "New York White House" nickname. The hotel opened in 1930.

The Paramount topper, whose main residence is in Bel-Air, has been busy on the real estate front: In September he listed for sale the Holmby Hills estate he purchased in November 2010. The North Carolwood Drive property was once owned by Frank Sinatra; Grey purchased the seven-bedroom house for $18.5 million and has listed it for $23.5 million. 

The Carolwood residence is situated on 2.3 acres in a prime neighborhood that is also home to Danny DeVito and Rhea Perlman, philanthropist Suzanne Saperstein, and television producer Bradley Bell, son of The Young and the Restless and The Bold and the Beautiful creator William Bell.

Schoenfeld was represented by Kathy Sloane of residential real estate brokerage Brown Harris Stevens. Grey did not use a real estate agent for the transaction.

Sloane did not immediately respond to e-mails seeking comment.


Twitter: @DanielNMiller