He Took the Fifth But Buys on E. 57th: Tilney Drops $2.3 M. in Condo Purchase

There are grand things about New York City, like pizza and Allen Ginsberg and the Central Park Reservoir, but then there are really cruel things too, like Enron executives who can still somehow buy multimillion-dollar condos with floor-to-ceiling windows and concierge service.

Schuyler Tilney, the ex-head of Merrill Lynch’s energy group (plus a pal of Andy Fastow), and his wife, Elizabeth, an ex-senior vice president at Enron (plus a chum of the late Ken Lay), have paid $2.3 million for an apartment at the new Place 57 condo on East 57th Street.

Mr. Tilney, who took the Fifth at a Senate committee hearing about his ties to Enron and who was one of four Merrill executives named in an SEC fraud suit (which was settled for $80 million), will enjoy a crystal lobby and building garden adorned by Baccarat.

And his wife, who introduced the firm’s ideal “crooked E” logo and worked on a company values campaign, may like the apartment’s plush concierge services: “Access to a dedicated restaurant booking service and an elite travel department, entry to hot nightclubs, members only parties and art events, discounts at spas and more.”

Better yet, their master bedroom has a “secure safe,” according to floor plans on the Place 57 Web site.

City deeds show they bought from Antoine Dominic, who bought a sponsor unit for $2 million in September and never moved in. “Everything’s top of the line, you know, brand-new,” said listing broker Michael Weiner of Trump Sales and Leasing.

The Tilney family will have two bedrooms joined by a south-facing, 350-square-foot terrace, plus “walls of floor-to-ceiling windows with southwest city views,” according to Mr. Weiner’s listing. The 32-foot-long living room is next to the windowed eat-in-kitchen, which comes with “Viking appliances, stone floors and countertops and gorgeous bleached rift cut oak custom cabinets.”

The Tilney family will find out if guilt over unveiling the evilest letter in corporate America (or investing personal money in one of Mr. Fastow’s off-balance-sheet entities) can be alleviated by bleached oak cabinetry.

He Took the Fifth But Buys on E. 57th: Tilney Drops $2.3 M. in Condo Purchase