Hedge fund manager and former Barney’s New York chairman Richard Perry and his fashion and home designer wife, Lisa, are selling their penthouse unit in the Sutton Place neighborhood of Manhattan. The property appeared on the market this fall with a $45 million asking price. It’s not the only one to see the outbox; the Perrys sold their Palm Beach home earlier this year for $9.1 million.

The New York unit caps a 14-story pre-war co-op building that was completed in 1926 and contains 45 units in all. It was designed by noted architect Rosario Candela, and features a limestone exterior. Most units in the building contain fireplaces, libraries, and large living areas.

The Perry residence is thoroughly modern, and features a conversation pit with a wraparound sofa in the main living area. Its walls and ceilings are generally a white canvas, allowing the couple’s pop-art design sensibilities full expression. Highlights of the home’s individual spaces include a library with black and white patter carpet, an ethereal master bedroom, a restaurant-grade stainless kitchen with a semi-solarium dayroom, and a media room with a curving series of window seats.

Throughout the residence, the use of color and pattern, and the choice of furnishings, embellishments and fixtures, is quite striking. Overall, the residence’s living style is a carefully considered composition. It’s impressively self-conscious, a protracted statement by its owners. The sensibility culminates on the roof deck, where a Jeff Koons sculpture representing a prodigious emerald is installed as a concluding and very public remark.

An astonishing property, and one that represents a cohesive and focused vision.