January 1, 2025 - 04:49

A stunning 3,000-square-foot penthouse that once belonged to legendary actors Paul Newman and Joanne Woodward is now on the market, with an asking price of $9.95 million. Located at 1126 Fifth Avenue, this exquisite two-bedroom residence is described as an "oasis" in the bustling heart of New York City.
The penthouse boasts breathtaking views of Central Park and the city skyline, offering a serene retreat from urban life. Inside, the space is characterized by elegant design and high-end finishes, reflecting the sophisticated tastes of its former owners. Large windows flood the rooms with natural light, enhancing the ambiance of luxury and comfort.
Newman and Woodward, both celebrated for their contributions to film, lived in this remarkable home, adding to its historical significance. As the real estate market continues to thrive, this property presents a unique opportunity for buyers looking to own a piece of Hollywood history in one of the city's most prestigious locations.
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Americans Hold Trillions in Unrealized Stock and Real Estate Gains, and Most of It Will Never Be Taxed. The 1921 Rule That Wipes the Slate Clean at DeathA century old provision in the federal tax code allows unrealized gains on stocks, real estate, and other assets to vanish when someone dies. Known as the step up in basis, the rule was introduced...
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