How to Buy a New New $600K Mansion For $1,400,000 – VIDEO
New York’s new $600,000 luxury home with a 7,000-square-foot penthouse will be the first home built by the property developer for sale on Fifth Avenue.
The 5,000 square foot, three-bedroom mansion, located at 925 Fifth Ave., was designed by the legendary architect and luxury designer Frank Gehry, and features three bedrooms, two bathrooms, a kitchen, and a full-sized gymnasium.
Owner of the 5,500-square foot property, Lina Legrand, and the developer, Frank Hilleman, are expected to open their new penthouse home on March 11.
Legrand is expected to have her first wedding with husband and model-actor Michael Stipe on April 1.
She will also celebrate her engagement to Michael in June, which will be filmed in front of her new home.
According to the website for Legrand’s 5,250-square meter penthouse, it is “built for the ultimate in elegance, privacy and luxury.”
The property was designed in honor of Legrand and her mother who passed away in 2015.
More: LeGrand’s penthouse reportedly sold for $1.1 million to the billionaire’s former business partner, Frank Gehrys.
Hilleman was also rumored to be working on a new luxury condo, Le Grand, for the developer.
Construction on the penthouse began in September 2016.
In January 2018, the site was named one of the Top 50 Luxury Homes of 2018 by the New York Times.
[Via The New York Daily News](http://www.nydailynews.com/news/entertainment/real-estate/article/a-luxury-home-for-sale-for-$1,440-million-peth-3-bed-suv-is-set-for.html)