The previous Manhattan pied-à-terre of late theatrical producer James Nederlander, listed for $27.5 million in 2019, can be auctioned off later this week with no reserve.

The public sale of #10 at 838 Fifth Ave., a condominium proper by Central Park, is being held by Platinum Luxurious Auctions and can happen on Feb. 19. The present itemizing value is $16.99 million.

The unit occupies the complete 10th ground of the limestone constructing, with home windows overlooking the park, parquet flooring and coffered ceilings. It comes with three bedrooms and three half of loos. A one-bedroom, one-bathroom employees house is situated on the constructing’s first ground.

The house was embellished by inside designer Carleton Varney and contains a wood-paneled library and 4 fireplaces. 

Property viewings can be held day by day by appointment solely till the public sale, which is able to happen in particular person, beginning at 7 p.m. Japanese on Feb. 19. Distant bidding may even be allowed through an in-person consultant or A/V feed into reside bidding venue.

Auctions have become a common way to sell luxury homes and estates lately to throw a much bigger highlight on high-end properties. 

The constructing was constructed in 1951 and designed by Harry M. Prince, who additionally designed the Carlyle Lodge. It housed the places of work of the Union of American Hebrew Congregations earlier than being transformed right into a residence in 1999. The outside options inscriptions that learn, “Love Thy Neighbor as Thyself,” and “Do Justice. Love Mercy. Stroll Humbly With Thy God.”

Nederlander and his spouse Charlene bought the unit in 2006, and largely used it whereas conducting enterprise within the metropolis. Nederlander, a 10-time Tony Award winner, for musicals corresponding to 1984’s La Cage aux Folle and the play Copenhagen in 2000, served as chairman of the Nederlander Group, one of many nation’s largest operators of reside theaters and music venues, together with 9 Broadway theaters.

Nederlander died in 2016 at age 94, adopted by his spouse in 2019.

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