15CPW ALERT! Pfizer Exec Buys for $2.5 M.

Gary Jortner, executive vice president of corporate affairs at Pfizer, has bought what we can only assume is a pied a terre at 15 Central Park West given its relatively modest price tag of $2.48 million, city records show. Mr. Jortner and his wife Cindy live in Rye, according to the property deed.

One of the most successful Big Pharma firms, Pfizer has been slagging lately. In January, it announced plans to cut 10,000 jobs and close five plants in the U.S. this year, due to stagnant earnings and falling profit projections for 2008. Mr. Jortner will be in good company at 15 Central Park West, where executives continue to flock despite declining fortunes.

15CPW ALERT! Pfizer Exec Buys for $2.5 M.