River House, Estate of the Day

by Deidre Woollard (RSS feed)
Oct 10th 2010 at 1:01PM

I first saw today's home in the River House building in New York City listed last December when Cityfile brought it to our attention. At that point the home, the 14-room duplex belonging to Arlene Farkas, the ex-wife of real estate/retail heir Bruce Farkas, was listed with Stribling. The five-bedroom apartment was first listed for $15 million in 2008 and now has a new broker but the same price as it did nearly a year ago, $11 million.

The NY Observer points out that the River House hasn't always been the hottest property and certainly we've seen some units there linger on the market but it certainly does have some beautiful views. The Art Deco building was built in 1931 and overlooks the East River. The apartment has 10'6" ceilings and large windows. Rooms include a large living room, library, formal dining room, a chef's kitchen with a breakfast room and a second floor with five bedrooms plus three maid's rooms.

Gallery: River House