Life in luxury

This issue of Modern Home Builders reports on a generous house purchase by Leonardo DiCaprio, and highlights the return to the market of the Joan Rivers’ palatial New York penthouse


Leonardo DiCaprio has come a long way in 20 years. Leapfrogging from Romper Room and Friends to Hollywood A-Lister and, at the same time, acquiring a real estate portfolio that might make Ellen DeGeneres envious. Part of his collection: an LA home he bought in the 1990s from Madonna, a fabulous mid-century modern home in Palm Springs that was built for Dinah Shore he bought in 2014, and a $23 million Malibu home he grabbed in 2017. But all of his buys don’t stay in his portfolio – some are given as gifts to family members. In a very generous act, Leonardo recently purchased the Los Feliz home of Modern Family star, Jesse Tyler Ferguson, for his mother, Irmelin Indenbirken, for $7.1 million. A few years ago, he also purchased a Los Feliz home for his dad, George DiCaprio, for $4.9 million.

Like many big Hollywood celebrities, where to put their money in an upside-down world has always been an issue, and many have opted for the security of real estate. While some stars have taken their real estate investments out of California due to the high taxes, DiCaprio has the bulk of his properties in The Golden State except a New York City apartment and an island in Belize. Leonardo still lives at his two-compound property on Sunset Strip – only a 30-minute drive to his parents in Los Feliz.

One of LA’s prettiest homes and previously owned by Gwen Stefani and then Jesse Tyler Ferguson, the gated, Spanish Colonial-style home is almost 5,000 square feet with loads of character and charming outdoor spaces. Comprised of four bedrooms and six baths, the formal living and dining rooms have soaring ceilings and romantic Juliette balconies overlooking each. Built in 1928 and completely updated, the careful execution of the work retained and enhanced its period details. There are arched doorways, tiled roof and floors, stained-glass windows, multiple fireplaces, elegant baths, sweeping staircases, an intricately carved entry door and inlaid ceilings. The eat-in kitchen has all the bells and whistles that make it both pretty and functional, and the family room can alternatively be used as a media room with its drop-down screen. Almost all the rooms open to the attractively landscaped terraces, colorful gardens, courtyards, fountains and views of the Griffith Observatory. There is also a detached bathroom by the pool and spa and a detached Zen/Meditation/Yoga room.

Brett Lawyer of Hilton and Hyland represented DiCaprio while the listing was held by Compass’s Jennifer Akbari, Beverly Hills.
Source: www.compass.com

Joan Rivers’ $38 million penthouse
Can we talk? And no, it hasn’t been redecorated, as who could have done it better than Joan herself? Reportedly purchased in 2014, after her death, by a Middle Eastern buyer when listed at $28 million, Joan Rivers’ palatial New York penthouse is back on the market, intact at $38 million.

One of the world’s most popular comedians since the 1960s, Joan was known for her in-your-face, politically incorrect stand-up performances and off-the-cuff humor that kept her fans laughing and sometimes made national headlines. Author of 12 books, joke-and-comedy script writer, film director and actress in 27 films, jewelry designer and with a host of other business pursuits, Joan’s life was as fast as her one-liners, spanning a prolific 55-year career.

Joan’s sense of style was as legendary as her sense of humor. Originally, the Upper East Side apartment had been designed for socialites John and Alice Troth Drexel in 1903 by the Gilded Age architect-to-the-very-rich Horace Trumbauer. After changing hands a few times, in the 1930s it became an exclusive apartment house with only nine units. A year after her husband Edgar Rosenberg’s death in 1987, Joan sold her home in Los Angeles, returned to her home state and purchased the New York penthouse. She threw herself into decorating it lavishly, while keeping the decor style sympathetic to the French-themed architecture. She resided there for 28 years and often entertained a bevy of celebrities, including Princess Diana.

A private elevator entry hall leads to a dramatic two-story gallery which adjoins a light-flooded living room, each with a wood-burning fireplace. The reception rooms feature soaring 23’ ceilings and elegant parquet-de-Versailles flooring. A spacious corner-paneled library and a formal dining room feature ornate 18th-century French panels, both with original wood-burning fireplaces and overlooking a south-facing terrace. The four-bedroom triplex has large entertaining spaces with a ballroom, music room and antique columns. In Joan’s lavish style, the decorating is over-the-top just like Joan herself, who said: “It’s what Marie Antoinette would have done, if she had money.” She further described the apartment as ‘Louis XIV meets Fred and Ginger.’

As much as Joan loved her fashionable home and the Central Park views, it had a quirk which she didn’t like: a ghost in the form of what was believed to be former owner, Mrs. Spencer. This probably wouldn’t have mattered had Mrs. Spencer stayed quiet, but on one occasion Joan said, she bit the heads off the cherubs on a chandelier. With 23-foot ceilings in the formal rooms, who else could have done it? Finally, Joan engaged a voodoo priestess from Louisiana to eradicate the spirit throughout the building. As an extra incentive to keep the ghost happy, Joan found an old painting of Mrs. Spencer in the basement, cleaned it up and hung it in the hallway with a vase of flowers on a table underneath it.

The listing agent is Jenny Lenz of Dolly Lenz Real Estate.
Source: www.toptenrealestatedeals.com