Dec. 14, 2008

Actor Alan Alda pays $3M for another unit in Manhattan's Park Millennium building

Actor Alan Alda and his wife, Arlene, have paid $3,000,000 to purchase another unit for their growing spread in Manhattan's Park Millennium building.

Kudos to the New York Post's fine celebrity real estate columnist Braden Keil for breaking the story on Thursday of the purchase of the two-bedroom, 51st-floor unit in the Park Millennium, which is at 101 W. 67th Street in Manhattan and which previously was known as the Millennium Tower. The unit adjoins (and will help the Aldas expand) their existing two-unit, 2,406-square-foot aerie on the tower's 51st floor, which they purchased through a trust in November 2000 for $4,900,000, according to public records. Of the Alda's incumbent two units, one unit measures 1,528 square feet, while the other contains 878 square feet, according to public records.

The Aldas' new, 1,284-square-foot unit had been on the market for $3,150,000. Features in the four-room unit include two and a half baths, floor-to-ceiling windows, split bedrooms, and a granite kitchen with maple cabinetry, according to listing information.

Records show that Arlene Alda signed a contract to buy the new unit on October 27, with the deal closing (and the purchase being made in her name) on November 24. The deed was recorded on December 2.

Check out an online listing sheet for the unit the Aldas just purchased.

The Aldas' neighbors in the Park Millennium include Howard Stern, who has a penthouse plus some units below him on the 53rd floor, and Regis Philbin, who also lives on the 51st floor. We have written plenty about both of these fellows' real estate in the Park Millennium in the past.

The Aldas own other real estate around the country, including what we consider their primary residence -- a 5,708-square-foot house and some adjoining properties on Oliver's Cove Lane in Watermill, N.Y. (in the Hamptons), and a 1,963-square-foot condominium unit in Los Angeles' Pacific Palisades area, which they have owned since 1983, according to public records. In recent years, Alan and Arlene Alda have sold off two larger Los Angeles properties: 1) In late 2003, they sold their 3,169-square-foot home on a 0.42-acre (18,256-square-foot) lot at 1231 Roscomare Road in Los Angeles' Bel Air area -- which they had owned since 1973 -- for exactly $1,000,000, according to public records; and 2) In February 2005, they quietly sold a 3,072-square-foot house on a 0.35-acre (15,246-square-foot) lot at 1106 Linda Flora Drive in Los Angeles' Brentwood area -- which they had owned since 1990 -- for $1,395,000, according to public records.

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