Gracie Abrams has yet another New York City penthouse under her property belt– and ooh, bet you’re thinking she’s so cool. (That, and/or “real estate is a clever investment!”) The Grammy-nominated pop star, budding realty mogul, and child of Hollywood director J.J. Abrams spent $4.5 million on a house at Greenwich Village’s One Fifth Opportunity. The landmarked Art Deco structure, developed by designer Harvey Wiley Corbett in 1926, initially acted as a high-end hotel before being transformed into a residential co-op in 1976.
One Fifth Avenue, seen behind Washington Square Arch in New York City.
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This isn’t Gracie Abrams’s first– or even, second– purchase in the pre-war, Art Deco building. Given that late 2024, the singer has actually snagged a total of 3 systems. She owns a three-bedroom, three-bathroom residence on the 18th flooring, which was combined from two separate systems, for $5.5 million in early 2025. The modern-day house was initially on the market with an asking price of roughly $6 million; however, the price tag dropped to $5 million by the time Abrams closed on the deal in December 2025. The “That’s So True” hitmaker likewise picked up another system in the structure on the 16th floor: a midcentury pad decked out in parquet floors, which she purchased from visual artist John Sennhauser for $1.95 million in November 2024.
Abrams’s latest apartment sits surrounding to her other 18th-floor system. Similarly, it combines 2 smaller apartment or condos into a large one-bedroom space with two balconies. While it’s unclear what Abrams plans to do with her numerous penthouses, she could easily configure her same-level systems into a mega-dwelling. If combined, it would boast a total of five bedrooms, five bathrooms, and five terraces with views of Washington Square Park.For years, One Fifth Opportunity has been home to a long list of A-listers and New york city elites. In addition to Abrams, the storied property has housed the likes of star Jessica Lange, singer Patti Smith, artist Keith Richards, filmmaker Tim Burton, and actor Helena Bonham Carter. Blythe Danner, Gwyneth Paltrow’s mom, bought an apartment on the 17th flooring in 2007 for $3.125 million; the year prior, she offered her eighth-floor home, where Brad Pitt and Paltrow lived as a couple in the 1990s. With Abrams investing nearly$12 million in the renowned building, it appears she has enthusiastic strategies to transform her penthouses into a bigger, more extensive abode. When it comes to concepts for her lower-level apartment or condo … may we recommend a guest suite?