“If Jefferson or Jesus were well-heeled New Yorkers and could get past the classy co-op board, they would live in 834 Fifth Avenue.” So The Observer once wrote of the top building in New York.
Still, even dignitaries and deities have their limits. A year and a half ago, Tony-est Broadway producer ever Hal Prince and wife Judy put their 13th- and 14th-floor duplex at the storied Candela co-op on the market for $33 million–a little too rich for post-Lehman tastes. But with all the best apartments getting snapped up–looking at you 778 Park and the Plaza–what is a well-heeled New Yorker to do?
According to multiple sources, the Princes have found a buyer for their 11-room home–one who got past the board, something that has become a damnable challenge of late. Like the Astor apartment and so many others these days, at least one buyer had satisfied the sellers last year but not the board and was sent packing.
The listing moved from Fox Residential to Brown Harris Stevens last December, asking $24.5 million, and at least one source had heard the final price was more than that. Whoever paid it, not even the neighbors (Rupert Murdoch, Charles Schwab, Laurie Tisch and the Gutfreunds among them) seem to know, so the palace intrigue continues. Broker Ann Jeffrey, who had the exclusive with Daniel Kessler, declined to comment.
CORRECTION: A previous version of this article mistated the brokerage now handling the home. It is Brown Harris Stevens, not Prudential Douglas Elliman. The Observer regrets the error.