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Martin Zweig's Pierre Penthouse Could Fetch $120 Million

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Chatter about the fate of Martin Zweig's Pierre penthouse began almost as soon as the financial expert (and predictor of the 1987 stock market crash) died in February. Zweig set a record when he spent $21.5 million on the penthouse in 1999 (those were the days), and his penthouse looks to do so again: it's about to hit the market and could sell for $100 million to $120 million or more, a source hints to the Post. Of course, grandiose price predictions are worth nothing, but it's possible this penthouse could deliver. It's a 12,000-square-foot triplex with a ballroom, four terraces, and views of Central Park. A broker once called the apartment's ballroom "the most important room in private ownership in New York City." One dark mark on its history, though: the place failed to sell when listed for $70 million in 2004. Photos from that listing in the gallery above.
· Pierre apt. for $120M [NYP]
· Peeking In on the Pierre's $70 Million Penthouse [Curbed]
· Martin Zweig coverage [Curbed]

The Pierre – A Taj Hotel

2 E 61st St, New York, NY 10065