Dec. 02--Attorney, real estate developer and art collector Lew Manilow and his wife, Susan, on Monday sold their three-bedroom, two-story maisonette-style condominium in the luxury Gold Coast building at 65 E. Goethe for $4.9 million.
The Manilows most recently had been asking $5.75 million for the 5,500-square-foot unit, or more than double the $2.45 million they paid for it in 2004.
"It's a great building. For people who are looking for understated elegance, it's probably the best building in the city," said listing agent Jim Kinney of Baird Warner. "It's for people who are just comfortable being in a good building and low visibility."
Features in the unit include 5 1/2 baths, a custom terrazzo floor on the first level, hardwood floors on the second level and a first-floor master suite with an office.
The Manilows first listed the unit in May 2014 for $6.25 million. They cut their asking price in January to $5.95 million and then to $5.75 million in June.
Public records do not yet identify the buyers. Kinney said the buyer is a land trust, although he declined to say who is behind the trust.
Previously, the Manilows paid $4 million on Oct. 22 for a three-bedroom, 3,349-square-foot condominium unit on the 12th floor of a Near North Side tower.
Bob Goldsborough is a freelance reporter.
