Wal-Mart’s slogan may say "Always Low Prices. Always," but the retail behemoth’s adage apparently doesn’t hold when it comes to Manhattan real estate. On May 30, the duplex that formerly belonged to Alice Walton, the billionaire heiress of Wal-Mart founder Sam Walton, listed for $5 million with Gillian Jolis and Nikki Field, of Sotheby’s International Realty.
The 2,800-square-foot spread at 39 East 79th Street had been Ms. Walton’s home about four years ago, before she unloaded it on the current owners, who went in search of a larger space for their growing family.
The 12th-floor apartment on the corner of 79th Street and Madison Avenue has two master bedrooms, three and a half bathrooms, three gas-burning fireplaces and a living room with 17-foot ceilings that was the former ballroom in the duplex that once belonged to Emily Post when she lived in the exclusive co-op back in the 1920’s.
"It’s the single most remarkable living room in Manhattan ," Ms. Jolis said of the lofty apartment, which also has southern and western views over Central Park . And now that the Presidential campaign season is in full swing, any new prospective buyer can tour the spread where Ms. Walton hosted lavish dinners for Bill and Hillary Clinton during the 1990’s.
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