Frank Galati's Lakeshore East condo

On Monday, Frank Galati, the Tony Award–winning Chicago director and actor, and his partner, Peter Amster, who is also a theatre director, sold their condo at 340 on the Park, which overlooks Millennium Park.

Galati and Amster listed the 1,681-square-foot 13th floor condo for sale at $990,000 in January, and it was under contract in less than five weeks. The sale closed May 2nd at $970,000. That’s a 2.9 percent loss from their original purchase price; they bought it new from the developer in 2007 for $999,000, according to the Cook County Recorder of Deeds.

Galati is a longtime pillar of Chicago theatre, where he is a member of the Steppenwolf ensemble and has directed shows at the Goodman, Lyric Opera, Wisdom Bridge, and other venues. In 1990, he received two Tonys (for directing and adaptation) for Steppenwolf’s production of The Grapes of Wrath. Amster was the dance coordinator for that production.

In 2006, Galati retired from a four-decade tenure teaching theatre at Northwestern University, and he and Amster bought the 340 on the Park condo, as well as a home in Florida. In late 2010, he dropped his affiliation with the Goodman Theatre. Last fall, he directed a production of Twelve Angry Men at the Maltz Jupiter Theatre in Jupiter, Florida, for which he was nominated for best director in South Florida’s theatre awards.

The 340 on the Park condo was originally laid out as a two-bedroom unit, but Galati and Amster reconfigured it as a one-bedroom unit with a den, according to the listing sheet prepared by their agent, Candace Corr of Koenig & Strey Real Living. The listing says it has “built-in cabinetry of wenge wood and burnished bronze, bamboo flooring in living areas, custom shades and drapes.” Corr added that it was “sunny, open and beautifully decorated.”

Corr, who met Galati some two decades ago when he cast her in a Goodman production of Shakespeare’s The Winter’s Tale, commented on the quick sale. “[Galati] priced it as a good value, and it looked great,” she said, “so we had a lot of showings and a lot of returns, so you knew it was going to happen.” She said she does not expect Galati to buy another home in Chicago. I was unable to reach Galati or Amster for comment.