After owning his full-floor spread for more than 25 years, businessman Selig Zises apparently decided it was finally time to get out of real estate.
And why not? Prices may not get any better than this: Mr. Zises cashed out the 9th-floor condo at 988 Fifth Avenue for $19.5 million, city records show.
Are New Yorkers being pushed out of the high-end New York real estate market? There’s been lots of talk about foreigners buying up fancy places in the city, and yesterday we told you that Seattle native Paul Allen was expanding his pied a terre. If you thought that was bad, how about this latest swap involving natives of two of our second cities.
There is a certain jadedness that sets in surfing this much house porn. Every fabulous co-op in Gotham has amenities, and countertops of certain gradients, and there is always a fourth or fifth bedroom tucked away somewhere that’s more sizable in itself than the majority of studio apartments in the city. And tomorrow and tomorrow Read More