Shonda Rhimes Purchases Plush Penthouse on New York City’s Park Avenue

Powerhouse primetime showrunner turned exceedingly well compensated Netflix content creator Shonda Rhimes has splashed out $11.75 million for a posh penthouse atop a discreetly elite co-operative apartment house that presides over a busy yet plum Upper East Side intersection along New York City’s prestigious Park Avenue. Almost completely wrapped in a contiguous, newly resurfaced terrace, the essentially L-shaped aerie has two bedrooms and two full and two half bathrooms in what rudimentary calculations based on measurements shown on the floor plan indicate to be somewhere in the area of 2,300-square-feet. As was noted by the eagle-eyed property gossips at The Real Deal, who first turned up record of the transaction, the five-room penthouse sits atop a quietly aristocratic Rosario Candela-designed building and first came to market in mid-March (2018) with a too bullish asking price of $14.75 million that by early June had plummeted by 15% to $12.5 million.

Balancing understated architectural details with exuberantly opulent décor, the apartment underwent a bespoke two-year renovation and restoration by the seller, Regina “Gigi” Mahon, an interior decorator and author (“The Last Days of the New Yorker”) married to international financier and former Citicorp Vice Chairman Thomas C. Theobald who several years back landed herself in the property gossip columns when she turned an impressive, multimillion dollar profit on a pair of neighboring apartments on the fifth floor of The Plaza that she snatched up in early 2008 for just over $14 million and sold in mid-2011 for $19 million.