Merely $26 Million for Lehman Co-op

lehmancoop web Merely $26 Million for Lehman Co op

Two months ago, when the Corcoran Web site showed that Lee Anz Lehman's 11-room apartment at 2 East 67th Street had gone to contract, we wondered if the $32 million asking price had been met. 

It wasn't. According to deeds filed late last week in city records, the full-floor, 6,200-square-foot apartment only went for $26 million. That means a hefty discount for the buyer, Alvaro Saieh Bendeck, a financier and director of the Santiago Stock Exchange.

We wrote in February:

According to a broker who has seen the apartment, "all of those bathrooms need to be redone, and the kitchen too. And there should be a total renovation of all the systems," like wiring and air conditioning.

As recompense, Ms. Lehman's old apartment has a 484-square-foot dining room, according to the floor plan, as well as a long pantry (plus "butler's room") and a long kitchen, and then, naturally, a long "breakfast area."
And, even with the discount, the sale represents one of the most expensive Manhattan home trades so far this year.
Article continues below
More from Politics
Talk some sense to your father about climate change.
Dear Ivanka, Here’s How You Can Fight Climate Change