Walt Disney’s Grandniece Finally Sells West End Co-ops, But Loses Millions

disney2 Walt Disneys Grandniece Finally Sells West End Co ops, But Loses MillionsBack in April 2008, Abigail Disney, the mogul’s grandniece, put her two 300 West End Avenue apartments on the market for a combined $13,445,000. It was an ambitious thing to do, considering that a year and a half earlier she’d paid the singer Harry Belafonte just $10.75 million for them.

The pair of nine-room co-ops, listed with mega-agent Dolly Lenz, got less pricey as the economy drooped–though the combined tag was cut only to $11.95 million and then to $10.95 million, still more than she’d paid. But Ms. Disney was evidently willing to sell them for a lot less.

Last month, according to a deed filed in city records Friday, she and her husband sold off the apartments for $7.2 million, $3.55 million less than they’d paid–and even less than they were rumored to be selling for.

The A-line apartment sold for $3.75 million, and the $3.45 million B-line unit sold to Amy Gold and Brett Gorvy, the husband-and-wife deputy chairmen at Christie’s. Watch Mr. Gorvy, who’s also the auction house’s international co-head of postwar and contemporary art, interview the poet and Warhol assistant Gerard Malanga here, and the very velvet-voiced Disney fan Jeff Koons here.

mabelson@observer.com