September 6, 2007 -- Pierre Berge, the longtime partner and former lover of Yves Saint-Laurent, has sold his Fifth Avenue pied-a-terre to Valentino's lifetime partner, Giancarlo Giametti, for a fashionable $7.5 million.
Berge's two-bedroom, two-bath, 39th-floor co-op in the Pierre hotel was designed by Jacques Grange, Peter Marino and Jed Johnson and had an asking price of $7.75 million. Martha Kramer of Fox Residential Group was the exclusive broker.
Berge, a Paris-based luxury-goods mogul who founded the auction house Pierre Berge & Associates in 2003, was the reported brains behind the Yves Saint Laurent company. He made a fortune when his stake in the label was acquired in 1993.
Giametti - who's helped run Valentino's business for much of its 45 years - now owns the turn-key prewar apartment, which features a gallery leading to a living room and adjoining dining area with park and city views. The bedrooms have custom leather-lined mahogany dressing areas and custom mahogany and marble en-suite baths.
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