Ferragamo on Park Avenue, Estate of the Day

Where else would you expect the chairman of Ferragamo USA to live in New York City but a swanky Park Avenue penthouse? The NY Times Big Deal column reports that Massimo Ferragamo, Salvatore Ferragamo's youngest son and the chairman of Ferragamo USA has listed a residence described in the listing as a penthouse in a "distinguished white-glove Park Avenue cooperative. The 15-room penthouse on two floors has a sunny living room with a solarium leading out to a large terrace that has plants and irrigation. The apartment is designed for gracious entertaining with a paneled library, small home theater, dining room and eat-in kitchen. There are two guest bedrooms on the eighth floor. A spiral staircase leads upstairs to the private quarters where a corner master bedroom suite with a study, and two baths await. There are an additional two bedrooms upstairs along with a gym, laundry, den, staff room with bath, and kitchenette on the ninth floor. This property is listed at $16 million.