Psst… do you want to hear a secret? The whisper listing at 730 Park Avenue, a 12-room duplex penthouse with Central Park views, has sold to hedge fund titan Daniel Benton for a whopping $39 million, according to city records.
Mr. Benton, who recently re-opened his technology-based hedge fund Andor Capital Management, is apparently feeling financially confident enough to move up in the world. Literally. Mr. Benton and wife Anna currently own another 12-room duplex on a lower floor of the same building that they paid $21 million for back in 2007. We guess they were a shoo-in with the board?
Earlier this year, former Goldman Sachs partner Jonathan Sobel reluctantly agreed to sell his stunning Charles Gwathmey penthouse at the Verona for $21 million. And no wonder! It appears that Mr. Sobel and his wife Marcia Dunn had their eye on a 15-room duplex at that most glorious of all the glorious Upper East Side buildings: 740 Park Avenue.
Mr. Sobel and Ms. Dunn have filed documents with the city indicating that they are purchasing the shares for the sprawling four-bedroom C-line spread that spans the fourth and fifth floors. The apartment was most recently listed for $23 million with Sotheby’s brokers Meredyth Smith and Serena Boardman.
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.
Manhattan Transfers Cheat Sheet
-Real Estate mogul Aby Rosen‘s opulent townhouse at 22 East 71st Street, formerly the galleries of crooked art dealer Lawrence Salander and infamous for its $75 million 2008 pricetag, was pricechopped to $59 million early this summer. Now, according to Streeteasy, it’s listed as ”No Longer Available” and the Sotheby’s listing with Serena Read More
While the Duke Semans mansion on Fifth Avenue continues to generate a buzz (and Lenny Kravitz sightings), another $50 million mansion is inching into the spotlight.
Last May, The Observer reported that the 18,000-square-foot mansion at 25 East 78th Street was being quietly offered, albeit not formally. But just after Labor Day, Read More