In November 2007, Louis Cappelli put a Journal News reporter in a headlock after a tiff over the views from his new Ritz-Carlton Westchester hotel, where he and his actress wife, Kylie Travis, were taking a 5,200-square-foot, 41st-floor apartment. “You’re looking,” he told the writer, “out from high-rise luxury.”
He and his wife will be spending a lot more time enjoying those luxury Westchester views: Their duplex at 515 Park Avenue was just listed by Brown Harris Stevens for $29.5 million.
Back at the beginning of the century, even after he had developed the $180 million entertainment complex New Roc City and had bought the Borscht Belt’s Concord and Grossinger’s for $16.5 million in bankruptcy court, he and Ms. Travis, then his girlfriend, were living in an Upper East Side rental. But that would no longer do, considering that he’s developed, for example, $1.2 billion of mega-buildings in White Plains—though last year he publicly pledged to not work there again after a squabble over the Ritz’s granite hotel sign.
According to the Park Avenue listing, his 6,500-square-foot, 27th-floor, 13-room, six-bedroom duplex opens onto a mosaic marble-floored gallery. The first floor has a 29-foot-long living room; a bar in between the 22-foot-long dining room and the 20-foot-family room; a 20-foot-long kitchen; an 18-foot-long paneled library; and a petite maid’s room. Upstairs, there’s a media room with its own wet bar; a study; three bedrooms; plus a master suite with its own 15-foot-long sitting room, 12-foot-long dressing room, two walk-in closets and a “pale green onyx bath.”
“Oh, it’s wonderful, and yet it still feels warm and cozy,” Fritzi Kallop, the listing broker, said. “It’s an exceptionally livable apartment.” According to a separate source, Mr. Cappelli paid $15 million for the place in 2002, after his seller had been in foreclosure.
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