Paul McCartney has reportedly sold his glass-fronted New York penthouse for $8.5 million (£6 million) — a far cry from the $15.5 million (£11 million) the Beatles star, 79, and his wife, Nancy Shevell, paid for it in 2015.
When they bought it, the two-storey penthouse on the Upper East Side hadn’t been renovated since the Sixties.
They embarked on a total overhaul but the project was never finished and the property has been sold as a “clean palette”, requiring an architect “to create a one-of-a-kind custom residence”.
They first put it on the market in June last year for $12 million (£8.8 million), before reducing its price to £7.7 million ($10.5 million) in September.
With 40 feet of floor-to-ceiling windows and a Fifth Avenue address, there’s plenty of scope for the new owner to turn the apartment into a Manhattan trophy home.
Other properties on McCartney’s portfolio include a ranch in Arizona, a townhouse in New York and multiple homes in the UK.
Macca’s country base is a 160-acre farm in Peasmarsh, East Sussex, which he has owned since 1973.
He has also owned a detached townhouse in St John’s Wood since 1965 and still uses it as his London base, almost 60 years on. McCartney and Shevell even held their wedding reception there in 2011.
Close to Abbey Road Studios and the iconic zebra crossing that made it onto the cover for their 1969 album, famous visitors to the house over the years have included Andy Warhol and Sir Mick Jagger. It’s also thought to be where the band’s hits such as Penny Lane and Hey Jude were written.
