The late great Lauren Bacall's long-time Dakota residence is poised to hit the market any minute now, asking a whopping $26 million. Her estate tapped Warburg Realty to broker the place, which she purchased back in 1961 for a pittance, when she could count Boris Karloff, Judy Holliday and Roberta Flack as neighbors. All ye who would like to live in the storied Dakota building: it's haunted.
Reports vary: did the venerable actress pay $28,000 or $48,000 back in the day? Either way, it's appreciated a lot. Appraisers valued the apartment, which apparently hasn't been touched in years and is crying out for a good renovation, at $9 million. So the difference of $19 million is no doubt because Bacall was all-around beloved, and institution, and with that star power comes a hefty asking price. Stay tuned for photos.
· Firm named to sell Bacall's $26M home [NYP]
· All Dakota coverage [Curbed]