NYC Penthouse that Lace Built

Chosen as a Wall Street Journal house of the week, the $14.8 million penthouse of former lace manufacturer Bruno and Bonnie Hofmann boasts 6,265 square feet of combined space in an Upper East Side condominium. Founder of Hofmann Laces Ltd., Bruno Hofmann’s company designed and produced furnishings, apparel and lace draperies and window coverings.

To get that expansive space, the Hofmann’s first combined two apartments purchased in 1997, and then in 1999 they bought an additional unit for use as a guesthouse. A major $5 million renovation completed joining the spaces by enclosing a terrace to completely connect the apartments. A custom-designed lounge with imported Costa Rican wood completes the galleria.

Total, the home has four bedrooms and five and a half baths. Placed on the market as one unit, the home, in a building on East 87th Street, between Lexington and Park Avenues has dramatic views and spectacular light from its windows on all four sides. An al fresco terrace offers a vista of New York City and a secluded spot for rest and relaxation. The terrace is directly accessible from the gourmet kitchen.

The Hofmann’s placed the home on the market in 2010 for $19.75 million, and then again in 2011 for $16.8 million. After they withdrew the home from the market, they recently relisted it at the price of $14.8 million. The couple intends to relocate to their property in Hawaii.

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