Tribeca Film Festival co-founders cut price of Dakota co-op

A gracious residence at the Dakota, long known as America’s first luxury apartment building, is now $20 million off its original $39 million asking price.

That drastic price slash came earlier this week, after the stunning spread — now asking $19 million — had languished 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 multiple apartments. 

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

The Dakota, with Gothic and Renaissance Revival touches, was built in 1884. Tyler Stuart of Real Estate Production Network (REPN)

The property showcases priceless park views. Tyler Stuart of Real Estate Production Network (REPN)

Arched doorways are part of the charm. Tyler Stuart of Real Estate Production Network (REPN)

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 not easy to create, and it has the most Central Park frontage than any other residence in the building.”

The eighth-floor spread features a 6,000-square-foot apartment with four separate rooms across the hall that can be used as flexible space — such as a guest suite, an office or an art studio, or even a gym or a kids’ playroom.

Altogether, the offering, including downstairs storage, totals around 7,500 square feet.

Details also include 11-foot-high ceilings, hardwood floors, 19 park-facing windows and four exposures — along with an original double front door, arched doorways and coved ceilings.

There’s also a formal dining room, a corner living room, and a main bedroom suite with a sitting area and a spa-like bath.

The corner living room has been a hot entertaining spot over the years. Tyler Stuart of Real Estate Production Network (REPN)

The main bedroom suite. Tyler Stuart of Real Estate Production Network (REPN)

The offering features lots of built-ins and storage space. Tyler Stuart of Real Estate Production Network (REPN)

The formal dining room comes with a fireplace and those Central Park views. Tyler Stuart of Real Estate Production Network (REPN)

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

The landmarked building is famed for its Gothic and Renaissance Revival exterior, its interior courtyard, as well as its residents. It was designed in 1884 by Henry J. Hardenberg, who also created the nearby Plaza Hotel and the Waldorf Astoria.

The home is decorated in soothing tones. Tyler Stuart of Real Estate Production Network (REPN)

The Dakota, as seen through the treetops of Central Park. Tyler Stuart of Real Estate Production Network (REPN)

More tragically, the Dakota is where John Lennon was gunned down — 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 listing with Douglas Elliman’s Matthew Mackay. 

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