We know Brooklyn may be too costly for Jay-Z, but has it priced out Clive Davis as well? The Brooklyn-born music executive has just purchased a new place not in his native borough, but on Manhattan’s Upper West Side. At tony condo The Rushmore to be more precise.
Details about the new pad are few and far between but The Observer knows that Mr. Davis’ new home boasts five full bedrooms and six bathrooms, and spans a full 4,375 square feet. Floor plans show a mammoth 348-square-foot master bedroom. An adjoining study (not to be confused with the separate library) is only accessible thorough the master suite. The other four bedrooms, located in the Eastern wing of the apartment, each have en suite bathrooms.
A Corcoran listing by the Rushmore Realty Group says little about the apartment but extols the landmarks’s enviable amenities. Apparently Mr. Davis will enjoy “forever unobstructed views of the Hudson River and lush green parks,” from his new home, and will be “surrounded by the finest dining and endless entertainment.”
The property originally went on the market in August 2008 (ouch) with an initial asking price of $7.3 million. After being taken off the market, the condo was re-listed in 2010 for $6.9 million. While that price was further reduced to $6.1 million, Mr. Davis flexed his octogenarian muscles and paid just $5.95 million for the property.
Mr. Davis has been busy on the real estate front in recent months. City records show that he purchased a co-op at 465 Park Avenue for $665,000 back in July. Perhaps, unlike Allen Klein, Mr. Davis likes to keep his business apartments separate from his personal residence.