Pharma billionaire lists Lenny Kravitz-designed Hollywood Hills manse for $35M
Pharmaceutical billionaire Frank Binder is putting his Hollywood Hills showpiece on the market for $35 million as he prepares to build a 1,060-foot yacht designed to function as a floating escape for the ultra-wealthy. Binder listed the 10,700-square-foot mansion at 1894 North Stanley Avenue, six years after buying it in 2018 for $33 million, the California Post reported. Upon selling, Binder would face roughly $1.9 million in Measure ULA fees if the property sells at asking. The mansion was designed by Grammy Award winner Lenny Kravitz and comes with amenities including a 12-foot digital video wall, a floor-to-ceiling TV, retractable […]This article originally appeared on The Real Deal. Click here to read the full story.
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