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	<title>Observer &#187; William Lie Zeckendorf is Mystery Buyer in Contract at 740 Park</title>
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		<title>Observer &#187; William Lie Zeckendorf is Mystery Buyer in Contract at 740 Park</title>
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		<title>William Lie Zeckendorf is Mystery Buyer in Contract at 740 Park</title>

		<comments>http://observer.com/2011/11/william-lie-zeckendorf-is-mystery-buyer-in-contract-at-740-park/#comments</comments>
		<pubDate>Thu, 03 Nov 2011 09:01:24 -0400</pubDate>
					<link>http://observer.com/2011/11/william-lie-zeckendorf-is-mystery-buyer-in-contract-at-740-park/</link>
			<dc:creator>Elise Knutsen</dc:creator>
				
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		<description><![CDATA[<p><div id="attachment_195317" class="wp-caption alignleft" style="width: 208px"><a href="http://nyoobserver.files.wordpress.com/2011/11/740-park.jpg"><img class="size-medium wp-image-195317" title="Park Ave real estate  740 Park Ave corner of 71st" src="http://nyoobserver.files.wordpress.com/2011/11/740-park.jpg?w=198&h=300" alt="" width="198" height="300" /></a><p class="wp-caption-text">740 Park (Photo from Haute Living)</p></div></p>
<p>It seemed impossible to understand why William Lie Zeckendorf would ever leave Bruce Wasserstein's old place at 927 Fifth, as he did earlier this year, and after only owning the place for a few months. The answer is simple, and simply two words: 740 Park.<!--more--></p>
<p>It's <a href="http://www.observer.com/2011/10/189391/">old news that Linda and Gregory Fischbach have found a buyer</a> for their seven figure apartment at 740 Park. Who, you have been wondering will be the newest resident of New York's most storied address? Today busybodies throughout the city can revel in delight as <a href="http://www.nypost.com/p/news/business/realestate/residential/zeck_yeah_6XWWQXJpLLNe7hPXj5GenJ">the buyer has finally been revealed to be none other than Mr. Zeckendorf</a>, the <em>Post</em> reports.</p>
<p>Having engaged in several significant real estate deals over the past year, it should come as little surprise that Ms. Zeckendorf set his sights on 740 Park,  the creme de la creme of New York co-ops.  After <a href="http://www.observer.com/2010/real-estate/zeckendorfs-15-cpw-penthouse-did-not-break-10000-square-foot-horror">selling his place at 15 Central Park West for $10,000-per-square-foot </a>and snatching up half of Wasserstein's old 927 Fifth duplex for $29 million, Mr. Zeckendorf found the new apartment didn't suit his liking. Re-listing the unit <a href="http://www.observer.com/2011/06/wasntserstein-william-lie-zeckendorf-selling-his-home-of-six-months/">six short months after purchasing it</a>, <a href="http://http://www.observer.com/2011/09/zeckendorf-sells-to-hedgie-scott-bommer-makes-even-more-than-we-thought/">made a swell of money on it</a>, but then the intrepid real estate developer was once again on the hunt for a home of his own.</p>
<p>Apparently he settled on the Fischbachs place, a two-bedroom on the 17th floor. Although the final price remains a mystery, the apartment was listed at $27 million, according to the <em>Post. </em></p>
<p>Mr. Zeckendorf is no stranger to 740 Park. In addition to co-owning Brown Harris Stevens, the brokerage which manages the building, his grandfather owned an apartment at the Park Avenue edifice.</p>
<p><em>eknutsen@observer.com</em></p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_195317" class="wp-caption alignleft" style="width: 208px"><a href="http://nyoobserver.files.wordpress.com/2011/11/740-park.jpg"><img class="size-medium wp-image-195317" title="Park Ave real estate  740 Park Ave corner of 71st" src="http://nyoobserver.files.wordpress.com/2011/11/740-park.jpg?w=198&h=300" alt="" width="198" height="300" /></a><p class="wp-caption-text">740 Park (Photo from Haute Living)</p></div></p>
<p>It seemed impossible to understand why William Lie Zeckendorf would ever leave Bruce Wasserstein's old place at 927 Fifth, as he did earlier this year, and after only owning the place for a few months. The answer is simple, and simply two words: 740 Park.<!--more--></p>
<p>It's <a href="http://www.observer.com/2011/10/189391/">old news that Linda and Gregory Fischbach have found a buyer</a> for their seven figure apartment at 740 Park. Who, you have been wondering will be the newest resident of New York's most storied address? Today busybodies throughout the city can revel in delight as <a href="http://www.nypost.com/p/news/business/realestate/residential/zeck_yeah_6XWWQXJpLLNe7hPXj5GenJ">the buyer has finally been revealed to be none other than Mr. Zeckendorf</a>, the <em>Post</em> reports.</p>
<p>Having engaged in several significant real estate deals over the past year, it should come as little surprise that Ms. Zeckendorf set his sights on 740 Park,  the creme de la creme of New York co-ops.  After <a href="http://www.observer.com/2010/real-estate/zeckendorfs-15-cpw-penthouse-did-not-break-10000-square-foot-horror">selling his place at 15 Central Park West for $10,000-per-square-foot </a>and snatching up half of Wasserstein's old 927 Fifth duplex for $29 million, Mr. Zeckendorf found the new apartment didn't suit his liking. Re-listing the unit <a href="http://www.observer.com/2011/06/wasntserstein-william-lie-zeckendorf-selling-his-home-of-six-months/">six short months after purchasing it</a>, <a href="http://http://www.observer.com/2011/09/zeckendorf-sells-to-hedgie-scott-bommer-makes-even-more-than-we-thought/">made a swell of money on it</a>, but then the intrepid real estate developer was once again on the hunt for a home of his own.</p>
<p>Apparently he settled on the Fischbachs place, a two-bedroom on the 17th floor. Although the final price remains a mystery, the apartment was listed at $27 million, according to the <em>Post. </em></p>
<p>Mr. Zeckendorf is no stranger to 740 Park. In addition to co-owning Brown Harris Stevens, the brokerage which manages the building, his grandfather owned an apartment at the Park Avenue edifice.</p>
<p><em>eknutsen@observer.com</em></p>
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