Rejections

Too much of a hassle?

What Was the Co-op Board Rejection of Huguette Clark Bid Really About?

Did the co-op board at 907 Fifth Avenue  really hate the idea of making a full-floor apartment out of Huguette Clark’s two 8th-floor residences? Or do they just hate children?

Following our report yesterday that Clark’s mega-apartment sale fell through, reportedly because the board didn’t like the bidder’s plans to combine the units, the New York Post IDs the reason as too many kids. That’s a new one. Read More

Stratospheric Sales

How will the buyer grapple with the challenges of arranging furniture in this massive living room?

Sale of 740 Park Avenue Apartment Poised To Break Co-op Record?

Courtney Sale Ross may not be getting the full $60 million ask for her deluxe duplex apartment at 740 Park Avenue, but the sale will still set a record at $52 million, the highest price ever paid for a co-op.

While last week brought rumors that a buyer with deep-pockets had fallen in love with the sprawling apartment, The Journal reports that the feeling is mutual, and the famously picky co-op board has given the nod of approval, culminating in the signing of a $52 million contract. Read More

Stratospheric Sales

Not your typical New York apartment

Whispers of a Buyer for Courtney Sale Ross’ ‘Quiet’ $60 M. Duplex at 740 Park

It’s not only the bright, shiny and new buildings like 15 Central Park West and One57 that are topping the $50 million mark these days. Rumor has it that the massive 740 Park Avenue home of Courtney Sale Ross has found a buyer willing to pay the $60 million asking price

Gadabout Michael Gross, the author of the consummate book on the consummate building, reports that he’s heard from a reliable source that the unit, a deluxe duplex, has gone into contract for the full asking price. Read More

Stratospheric Sales

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The Weill Deal! Millenium’s Christopher Jeffries Wants $77.5 M. for His Central Park West Duplex

The fallout—or is it fall-up?—from Sandy Weill’s $88 million penthouse sale at 15 Central Park West continues to reverberate through the upper echelons of Manhattan real estate. Gary Barnett decided to up the price of his penthouse at One57 into the nine-figure realm, sellers at 15 Central Park West are going gaga with their own homes and now an almost-as-rich-as-Weill’s apartment has come on the market on the south side of the park. Read More

Dust Bin

Bring on the offers. (Property Shark)

Huguette Clark’s Massive Home Has a Broker, Smaller Price Tag—Only $45 M. to $60 M.

For almost a year now, Upper East Side brokers have been falling all over themselves to win the right to sell mysterious mining heiress Huguette Clark’s massive Fifth Avenue spread, with its 42 rooms and estimated price tag of $60 million to $70 million. Well, the battle is over, and now that people have actually seen the place, they are not sure it is worth quite so much. Who’s to blame? Those pesky co-op boards, of course. Read More