Manhattan Transfers

The model unit's dining room.

Can White Brick Ask Limestone Prices? 530 Park Avenue Thinks So

It does not number among the most gracious edifices that line Park Avenue, but now that its conversion to luxury condos is almost complete 530 Park Avenue is trying to command the same lofty prices as its more elegant neighbors.

A three-bedroom, four-bath duplex, No. 15B, has made its market debut asking $9.85 million. (A four-bedroom on a lower floor was listed for the same price in late October.) From the listing description—all baths are marble, there’s a library, a formal dining room and Park Avenue views—it seems to be doing a pretty good job of aping its more elite neighbors. Although the building’s new deep-pocketed residents will have to share their common space with the remaining renters protected by rent-stabilization laws. Read More

Manhattan Transfers

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Unwanted 740 Park Apartment Finally Sells

At Last! Lonely Duplex At 740 Park Avenue Finds Love

After nearly four years on the market and a $12 million price reduction, co-op 4/5 C at 740 Park Avenue has finally found a buyer. And just when it had been empty long enough to attain spooky apartment status among the building’s exceedingly well-heeled children! What door will they dare each other to run past now? Perhaps Madoff crony Ezra Merkin’s will do?

The 15-room duplex, listed with Sotheby’s brokers Serena Boardman and Meredyth Smith for $23 million, is now in contract, according to the Olshan Luxury Market report (it was also last week’s biggest residential contract, broker Donna Olshan reveals).

The deal, coming close on the heels of the record-for-a-co-op sale of Courtney Sale Ross’ apartment to Oaktree Capital Chief Howard Marks, means the end of available units at the most venerated of all New York addresses. Read More

Lenox Hill Gets Ready To Divest Manhattan Eye

After more than six years together, Lenox Hill Hospital and Manhattan Eye, Ear and Throat Hospital—the odd couple of the Upper East Side medical establishment—are re-examining their relationship, potentially with an eye to divorce. And as with so many marriages that falter or fail, the cause of the friction between the granite-sheathed Lenox Hill and Read More

Lenox Hill Gets Ready To Divest Manhattan Eye

After more than six years together, Lenox Hill Hospital and Manhattan Eye, Ear and Throat Hospital—the odd couple of the Upper East Side medical establishment—are re-examining their relationship, potentially with an eye to divorce. And as with so many marriages that falter or fail, the cause of the friction between the granite-sheathed Lenox Hill and Read More

Can Cardio-Maestro Gary Roubin Save Heart of Lenox Hill?

When Dr. Gary Roubin emerged from his Lenox Hill Hospital operating room on a recent Thursday morning, his surgical mask dangling from his neck like a St. Bernard’s brandy barrel, his message was all confidence: The patient was going to survive. Both patients, in fact—the stroke victim who had just received a spanking new stent Read More

Eliot Spitzer Stops $41 Million Sale of Deluxe Hospital

The jowly dowagers who check in for cosmetic surgery at the Manhattan Eye, Ear and Throat Hospital all expect to walk out prettier than they were when they walked in. But the hospital itself is going out ugly. Real ugly.

After months of open warfare with 300 of its doctors, the hospital, known as Read More

Tales From Hospital Hell: Wealth Is No Protection

Not long ago, a friend of mine went through the experience of four days in Lenox Hill hospital for elective surgery. Since Lenox Hill, with its Upper East Side address and its upper-crust clientele, is considered one of the sniftier medical hostelries around, I was interested in what her stay was like.

“I had not Read More

Old-Fashioned Lenox Hill Doctors Battle Money-Minded Colleagues

Last winter, letters containing allegations peppered with Shakespearean phrases against several Lenox Hill Hospital doctors and administrators were mailed out to politicians, Federal agents and The Observer . The letters, mailed by a group of hospital employees that identifies itself as “the rainbow coalition,” consisted of attacks against several doctors at the hospital who have Read More