It\u2019s not often a single investor owns one of the city\u2019s top trophy penthouses in both New York and Miami \u2014 and puts them both on the market at the same time for a combined $138 million.<\/p>\n
William Duker, a former lawyer turned investor, has listed his Miami penthouse triplex at the Apogee, 800 South Pointe, for $78 million. <\/p>\n
At the same time, he\u2019s put his Tribeca penthouse at the Sky Lofts, 145 Hudson St., on the market for $59.5 million, Gimme Shelter has learned.<\/p>\n
\u201cI\u2019m 72, and I\u2019m just beginning to organize this next phase of my life. The last thing I need now are two apartments of this size,\u201d Duker tells Gimme Shelter.<\/p>\n
William Duker, a 72-year-old former lawyer turned investor, has simultaneously listed two trophy penthouses for a combined $138 million. Patrick McMullan via Getty Images<\/p>\n
The Miami property spans 8,271 square feet with a private rooftop pool and 270-degree views. 380production<\/p>\n
The Miami unit spans the 22nd to 24th floors of the Apogee \u2014 8,271 square feet inside with another 13,146 square feet of outdoor space, four bathrooms, three powder rooms and a private rooftop pool. The listing brokers are Dora Puig of Luxe Living Realty and Carlo Gambino of Douglas Elliman Florida.<\/p>\n
The Tribeca penthouse has three to four bedrooms and four and a half baths across 7,500 square feet, plus a 4,500-square-foot wraparound terrace. <\/p>\n
Its facade \u2014 \u201csheathed in UV-coated, high-performance, museum-quality insulated glass\u201d \u2014 floods the interior with light while shielding it from the elements. The listing is co-held by Jim St. Andre and Trevor Stephens of Compass, and Adam Modlin and Andrew Nierenberg of the Modlin Group.<\/p>\n
Duker\u2019s career has been as unusual as his real estate portfolio. <\/p>\n
As a lawyer, he helped recover hundreds of millions of dollars stolen during the savings and loan scandal of the 1980s and \u201990s, which ultimately cost taxpayers an estimated $125 billion. <\/p>\n
But while working for the FDIC and the Resolution Trust Corporation, Duker overcharged the government by $1.4 million. In 1997 he pleaded guilty to four felony counts, including making false statements and obstructing a federal audit, and was sentenced to 33 months in prison<\/a>. He was disbarred.<\/p>\n The Tribeca penthouse offers 7,500 square feet with two wood-burning fireplaces and views of One World Trade Center. Google Earth<\/p>\n The judge in the case, Sonia Sotomayor \u2014 now a Supreme Court Justice \u2014 said at the time it was difficult to reconcile the two sides of the case: Duker had helped the government recover \u201chundreds of millions\u201d of dollars even as he defrauded it.<\/p>\n After prison, Duker co-founded Amici, an electronic document discovery company, which Xerox acquired in an all-cash $174 million deal in 2006.<\/p>\n Duker bought the Tribeca penthouse for $30.5 million in 2009 from developer Stanley Scott, calling it an investment at the time. <\/p>\n \u201cI think its uniqueness sets it apart from what is happening in the market,\u201d he told The Real Deal <\/a>then.<\/p>\n He bought both penthouses during the 2008-09 financial crisis. PH Design Studio Group, which restored Miami\u2019s Versace Mansion, worked on the Miami unit; the New York-based PH Design handled Tribeca.<\/p>\n The splashy sky pad comes with a private rooftop pool. 380production<\/p>\n Both penthouses were purchased during the 2008-09 financial crisis and extensively renovated. 380production<\/p>\n A key-locked elevator opens into a double-height great room with 18-foot ceilings and floor-to-ceiling windows framing One World Trade Center, anchored by a wood-burning fireplace with a two-story cerused oak and silver travertine surround. <\/p>\n In Miami, Duker bought a concrete shell for $16 million in 2008 and spent five years building it out. The finished unit has 270-degree views spanning the ocean, the bay and the skyline. He first listed it for $65 million a decade ago.<\/p>\n The new asking price reflects a shifting Miami market, as wealthy transplants \u2014 including tax refugees from high-tax states like New York and California \u2014 continue pouring in. Tech billionaires who\u2019ve relocated to the area include Mark Zuckerberg<\/a>, Sergey Brin, Larry Page and Alex Karp.<\/a><\/p>\n \u201cWe are running low on inventory for single-family homes, and affluent buyers \u2014 families, singles, couples, whomever \u2014 are now settling for large condos,\u201d Puig said.<\/p>\n As a lawyer, Duker helped recover hundreds of millions of dollars stolen in the savings and loan scandal, but was later convicted of overcharging the government and served prison time before being disbarred. 380production<\/p>\n The Miami unit boasts glass to ceiling windows. 380production<\/p>\n The home includes alfresco dining for 22 on the roof, alongside the pool, a spa, a Finnish sauna, a cabana, an outdoor shower, a summer kitchen, an open-air theater and a marble waterfall. Inside, a great room with 24-foot ceilings and glass walls is anchored by a sculptural glass staircase connecting all three levels, plus an interior elevator. <\/p>\n The primary suite, with a spa-like bath, is hidden behind a moving bookcase; three guest suites and a \u201cmidnight kitchen\u201d are on the second floor.<\/p>\n The penthouse sits in a 14-story building dating to 1929 that once housed a printing factory before its 2000 conversion to condos. It was designed by sculptor James Carpenter, whose other work includes 7 World Trade Center, the \u201cIce Falls\u201d at Hearst Tower and the Israel Museum in Jerusalem; PH Design handled the renovation.<\/p>\n Every room on the floor opens onto the terrace via sliding glass doors, with views stretching from the Hudson River to the skyline. <\/p>\n It took William Duker five years to create the penthouse triplex in Miami. 380production<\/p>\n A lavish primary bedroom comes with a sitting area and stunning views. 380production<\/p>\n The layout also includes an eat-in chef\u2019s kitchen, a den with a second fireplace, a formal dining room, a double-height library\/media room and a game room with an ensuite bath that could serve as a fourth bedroom. A sculptural steel-and-glass staircase leads to three bedrooms above, including a corner primary suite with its own fireplace, two walk-in closets and river and skyline views. Three parking spots are included.<\/p>\n Duker\u2019s real estate holdings stretch from upstate New York to Manhattan, Miami, Palm Beach and Italy \u2014 plus a 270-foot superyacht, Sybaris. With two fewer penthouses to manage, he may finally have more time to sail it.<\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s not often a single investor owns one of the city\u2019s top trophy penthouses in both New York…\n","protected":false},"author":2,"featured_media":325553,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1602,265,11504,28,1387,12980,14586,67625,134590,803,12811,123,125,124,14592,31048,39804,480,16021,804,76962,134591],"class_list":["post-325552","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-architecture","tag-crime","tag-exclusive","tag-florida","tag-fraud","tag-gimme-shelter","tag-investors","tag-luxe-listings","tag-luxe-living","tag-luxury-real-estate","tag-manhattan","tag-miami","tag-miami-headlines","tag-miami-news","tag-new-york-city","tag-penthouse","tag-penthouses","tag-real-estate","tag-renovations","tag-residential-real-estate","tag-tax-fraud","tag-tribeca"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/325552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=325552"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/325552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/325553"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=325552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=325552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=325552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}