Marvelous Millionaire Maven Amy Pascal Buys Vanderbilt Pad
Hollywood hitmaker and Spider-Man: No Way Home producer Amy Pascal buys the late American socialite and fashion designer Gloria Vanderbilt‘s former home. On January 3rd, Jennifer Gould of Gimme Shelter learned that Pascal bought the Vanderbilt apartment, which was sold by her surviving son, CNN anchor Anderson Cooper.
Designed by George F. Pelham and built in 1931, Vanderbilt bought the property in 1997 and lived there until her death in 2019. Once Cooper decided to sell his mother’s property at Beekman Place, the home spent three weeks on the market, and had an unusually long four-month contract period, which doesn’t surprise me in the current housing market.
Interestingly, the history of the neighborhood surrounding Pascal’s new home at Beekman Place is closely tied to the Vanderbilt family. Mrs. William K. Vanderbilt and two other women were responsible for an initiative to gentrify the neighborhood in the 1920s. Read this New York Times article for more information.
Vanderbilt’s glam pad is full of flamboyantly colorful furniture and the bohemian glamour of one of the 20th century’s most significant icons. The spacious rooms and the ceilings are decorated with antique paintings, including a portrait of Vanderbilt in a yellow Fortuny gown that she wanted to be cremated in, according to The Hollywood Reporter.
When the two-bedroom and three-bathroom Vanderbilt co-op, just east of Midtown, hit the market for $1.12 million, Pascal celebrated her success with buying the beautiful home for $2.5 million, doubling the seller’s asking price probably to outbid someone else or to secure the property for herself in a competitive market.
Additionally, according to The Post, Pascal bought Vanderbilt’s former ground-floor art studio for $950,000, for a total home purchase price of $3.45 million.
Pascal is the former head of the Motion Pictures Group of Sony Pictures Entertainment. She is the current head of Pascal Pictures, which made its debut with 2016’s Ghostbusters. She has also produced the superhero blockbuster Spider-Man: Homecoming and received two Oscar nominations for Best Picture for The Post and Little Women.
Source: New York Post; The New York Times