In what surely must be yet another brutal blow to the self esteem of Philadelphia, that cute Pennsylvania city that pretends to rival New York, its biggest sports mogul, Ed Snider, has paid $7,340,000 for a high-floor apartment at Robert A.M. Stern’s 15 Central Park West.
The deal has been a long time coming. According to a deed filed in city records this morning, Mr. Snider signed his contract back in December 2005, and didn’t close until April.
There aren’t any mortgage filings, which suggests that the 75-year-old Flyers and 76ers owner paid in cash for the apartment. Considering his adoration for Ayn Rand, one imagines he’ll be spending time gazing out on his commanding, ruler-of-the-world Park views.