Here’s to You, Mrs. Weill! Sandy’s Gal Gets $42.4 M. Pad at 15CPW

2005 10 15cpw Heres to You, Mrs. Weill! Sandys Gal Gets $42.4 M. Pad at 15CPWWhen The Observer broke the news that Sandy Weill, ex-CEO of Citigroup, was one of the huge-moneyed buyers at the new Robert A.M. Stern-designed mega-condo at 15 Central Park West, it was impossible to know the purchase price.

And even when reports came in that the building had done well over a billion dollars in sales, who could guess how much individual apartments would close for?

They're closing for a whole lot.

According to a deed filed today in public records, the Weill family has paid $42,405,000 for 15CPW's Penthouse 20. That qualifies as the third-biggest official apartment sale ever in New York City, behind a Plaza deal for $51.5 million and Rupert Murdoch's triplex buy at 834 Fifth.

(But keep in mind that there is a bigger deal at the Plaza about to close, and, of course, angry hedge fund man Daniel Loeb's reported $45 million penthouse at 15CPW should be a done deal soon.)

Here's a nice feminist touch about this amazingly burly condo deal: The purchase was made in the name of Sandy's wife Joan Weill, as a trustee of the "JW Revocable Trust". (JW's address, not shockingly, is Citibank's HQ.)

Will other big-wallet buyers be as familial? Only two other deals have closed in the building: a $29 million duplex (under the name Pantigo, LLC) and a seventh-floor spread that went for $9.5 million. $9.5 million is chump change.

Comments

  1. Anonymous says:

    A peak into the lives of the 1/10th of 1%.