Tribeca Film Festival Co-Founders Cut Dakota Collaborative Price to $19M – $20M Below Its Original Asking

A palatial Dakota mansion, long known as America’s first luxury apartment building, is now $20 million off its $39 million asking price.

That drastic price cut came earlier this week after the stunning spread — now asking $19 million — had been on and off the market for a staggering eight years.

The sellers, Jane Rosenthal and her ex-husband Craig Hatkoff — co-founders of the Tribeca Film Festival with Robert De Niro — lovingly assembled the exquisite home at 1 W. 72nd St. from several apartments.

Rosenthal and Hatkoff, who divorced in 2014, were married for 19 years.

The apartment was last on the market for $20 million in 2023.

“It took 30 years and 20 transactions to create this home,” said co-listing broker Benjamin P. Dixon of Douglas Elliman. “It was a no-brainer to create and has the greatest view of Central Park of any residence in the building.”

The eighth-floor space features a 6,000-square-foot apartment with four rooms separated along the corridor that can be used as flexible space — as a guest suite, an office or art studio, or even a gym or a game room. for children.

In total, the offer, including storage on the lower floor, reaches an area of ​​approximately 7,500 square meters.

Details also include 11ft high ceilings, wooden floors, 19 windows overlooking the park and four exposures – along with an original double front door, arched doors and coffered ceilings.

There is also a formal dining room, a corner sitting room and a master bedroom suite with a sitting area and a spa-like bathroom.

Rosenthal is known for movies like “Meet the Parents” and “Wag the Dog,” while Hatkoff — a real estate financier and entrepreneur — is chairman of Turtle Pond Productions.

The listed building is famous for its Gothic and Renaissance exterior, its interior courtyard, and its residents. It was designed in 1884 by Henry J. Hardenberg, who also designed the nearby Plaza Hotel and the Waldorf Astoria.

Most tragically, the Dakota is where John Lennon was shot — specifically outside the building — in 1980. Strawberry Fields, where fans still gather to pay their respects, is across the street in Central Park. Past and present residents also include his widow Yoko Ono, Roberta Flack, Boris Karloff and Lauren Bacall, who lived there for the last 53 years of her life.

Dixon shares the list with Matthew Mackay of Douglas Elliman.