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Lloyd Webber's condo in NYC's Trump Tower for sale

Fri May 21, 2010 8:12 PM EDT
business, entertainment, us, sale, new-york-city, condo, andrew-lloyd-webber, lloyd-webber
Associated Press

FILE - In this Oct. 8, 2009 file photo British composer Andrew Lloyd Webber promotes his new production "Love Never Dies" at a theater in London. A New York City condo owned by composer Andrew Lloyd Webber is back on the market for a third time with a price tag of $19 million. (AP Photo/Matt Dunham, File)

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NEW YORK — A 5,000-square-foot condo owned by British composer Andrew Lloyd Webber is on the market for a third time with a price tag of $19 million.

Christie's Great Estates announced Friday that the duplex overlooking Central Park is for sale. The property is located on the 59th and 60th floors of Trump Tower.

The Lloyd Webber family bought the unit in 1987 for $5.5 million. It was listed in 2000 for $15 million and in 2007 for $22.5 million.

Agent Penny Toepfer said she believes the owner is "emotionally committed" to selling the property this time. The family has been reassessing its property needs following Andrew Lloyd Webber's treatment for prostate cancer, Christie's Great Estates said.

The condo features two floors connected by a curved staircase. The lower level has four bedrooms, while the upper level includes entertaining and living spaces. The unit offers park views from almost every room and a sitting area and den with a wet bar and temperature-controlled wine cellar.

Lloyd Webber is perhaps best known for "Phantom of the Opera," a musical that has been seen by more than 100 million people worldwide. His latest work, "Love Never Dies" — a sequel to "Phantom" — has received mixed reviews from London critics and is set to open in New York in spring 2011.

According to his website, Lloyd Webber has won seven Tony Awards, three Grammy Awards, a Golden Globe and an Oscar.

Also on Friday, the parent company of Christie's Great Estates announced that it will be auctioning The Andrew Lloyd Webber Foundation's iconic "Portrait of Angel Fernandez de Soto" by Pablo Picasso at the June 23 Impressionist and Modern Art sale in London. Proceeds will go to the foundation's promotion of arts, culture and heritage in Britain, the Christie's International release said.

© 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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