Barbara Corcoran's iconic Fifth Avenue penthouse sold for over its $12 million asking price in just 24 hours due to a bidding war. After purchasing and renovating the 4,600-square-foot duplex in 2015 for $10 million, the apartment featured luxury amenities and unique design elements. Despite the sale price being below her total investment, Corcoran felt it was fair. She reflected on her emotional connection to the property, highlighting the importance of location in real estate.
"You can control the space, but you can't control the spot," she said.
"I never thought I would ever leave," she said. "It's easy to spend money when you're building a lifelong dream. For me, real estate is emotional."
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