Everything is bigger in Texas, even the Manhattan pieds-à-terre.
A.R. “Tony” Sanchez, Jr. has just sold his soaring 3,549-square-foot condo on the top floor of the 76-story Metropolitan Tower for $7.775 million, according to city records filed Feb. 7. The Laredo-based oilman and investor, who was the Democratic candidate for governor in 2002, bought two neighboring units along the hypotanonuse of the triangular-shaped, Macklowe-developed tower two years before he lost to still-governor Rick Perry. He paid a total of $2.9 million to assemble the five-bedroom, four-full- and two-half-bath spread.
Not bad for a decade-long deal, though it took almost three years and sold for half what Mr. Sanchez hoped. When he first put the unit on the market in May 2008, it was asking $15 million with Prudential Douglas Elliman, according to StreetEasy. Brown Harris Stevens picked up the listing exactly a year later, for $11 million, and it slipped off the market that November.
Once again, the sprawl surfaced in May 2009, asking a modest $8.9 million, though “even that was a very aggressive price,” Corcoran broker Marlene Steiner told The Observer by phone Friday night. (She was nice enough to take our call despite having to prepare for a dinner party.) Still, Ms. Steiner was quick to point out that no other unit in the building had broken the $7 milllion mark–though some had sold for more per-square-foot; in this case, $2,190 per.
“It had helicopter views, you could see the whole park and even the Atlantic Ocean, seriously,” Ms. Steiner added. Located at the northern corner of the building abutting Carnegie Tower, each of the bedrooms, as well as the massive, 990-square-foot pentagonal great room, enjoy large glass windows along the building’s unusual axis.
Along those lines, Carter Horsley describes the terrible beauty of the West 57th Street building as “overwhelming, aggressive, dominant, defiant, proud and extremely competitive.”
The Sanchez spread has lassoed 15 closets, five of them walk-ins. The Metropolitan Tower has all the usual amenities–valet, gym, spa–but also a private restaurant, should residents rather not visit the neighboring Russian Tea Room.
The home will continue as a pied-à-terre, now for a Greek businessman with a large fortune and an even larger family.