Barbara Corcoran lists her dream penthouse for $12 million

In 2015, Barbara Corcoran, the founder of the Corcoran Group and a prominent figure on the television show 'Shark Tank', purchased a duplex penthouse for $10 million in Manhattan's Carnegie Hill neighborhood, situated close to Central Park. After nearly a decade of ownership, Corcoran decided to sell the penthouse, which she has now listed for $12 million. Her decision to sell comes as she and her husband, Bill Higgins, expressed the desire to move to a one-story home. The penthouse underwent significant renovations under Corcoran's ownership and features nearly 3,800 square feet of living space with two floors. The first floor boasts a living room with oversized windows, vaulted ceilings, a wood-burning fireplace, and custom moldings, while the second floor includes a glass solarium dining room previously used as a greenhouse, which offers elegant settings for both casual and formal dining. An outdoor terrace complements the dining area, enhancing the residence's appeal for entertaining. Corcoran fondly recalls her connection to the penthouse by sharing that her admiration for it began in 1992 while she worked as a messenger. At that time, she vowed to purchase it if it ever came on the market. In 2015, after 23 years of anticipation, she was finally able to fulfill her dream. Over the years, she has made substantial renovations to create a luxurious living environment, evidenced by the opulent features and breathtaking views offered by the penthouse. The sale of the penthouse is potentially driven by market conditions as well, as Corcoran noted in an Instagram post her hope that the new owner cherishes the residence as much as she has. Real estate, according to her, carries emotional weight, a sentiment that resonates especially in the context of her heartfelt farewell to the residence. This listing signifies a pivotal change not only in her living situation but also in her personal life as she and her husband embark on the next chapter of their lives. As a multifaceted entrepreneur and one of the leading figures in real estate, Corcoran’s transitions often draw public interest. Since she first became a household name through 'Shark Tank,' she has maintained a significant presence in the market and achieved remarkable success. The decision to downsize highlights a common trend among homeowners, especially those looking to adapt to changing life circumstances, while still retaining fond memories of their homes. As Corcoran prepares for this new stage in her life, she leaves behind a property that has been symbolically important to her career and personal journey.