David Geffen is on quite a real estate kick lately! Just after announcing to the East Hampton community board that he will be pouring $2 million into his home there, the cofounder of DreamWorks has listed his co-op at 785 Fifth Avenue (aka the Park V) for $27.5 million, according to StreetEasy.
The apartment is 5,000 square feet, with two bedrooms and two and a half bathrooms, with a total of 80 feet overlooking Fifth Avenue and the park. Geffen had it redesigned by the late big five architect Charles Gwathmey. It has a chef’s eat-in kitchen and a screening room with sound proofing and a projectionist booth.
According to the Wall Street Journal, which first broke the sale, Geffen is moving because he has finished renovating another apartment in the building — likely the co-op he purchased in 2012 for $54 million (a record sale at the time).
In addition to co-founding DreamWorks, Geffen also has other entertainment ventures including Geffen Records and Asylum Records. Last year, he donated $100 million to Lincoln Center, which renamed the Philharmonic building after him.