And Not a Penny Less for Bronfman’s Park Ave Triplex

Gordon and Dailey Jones Pattee had been trying to sell their triplex atop 812 Park Avenue since November 2007. The 15-room home came on the market for $36.5 million before being cut three times: $29.75 million, $22 million, $15.9 million. It appears the Pattees would budge no further.

As The Observer reported on Tuesday, Edgar Bronfman Jr. bought the penthouse ahead of his family’s triumphant return to the city from London. The price at the time was not known, but the deed was just filed, and Mr. Bronfman and his wife Clarissa paid exactly the asking price. 

It is not the only huge deal for Mr. Bronfman. Today, his Warner Music Group announced it was being sold to New York-based Russian conglomerate Access Industries for $3.3 billion, a nice turnaround from the $2.5 billion he paid in 2003, having been mocked at the time considering the industry’s continued tailspin. Kind of makes up for the Universal Vivendi fiasco.

And to think we gave the mogul a hard for losing $5 million when he sold the Muppet Mansion in March.

mchaban [at] | @mc_nyo

And Not a Penny Less for Bronfman’s Park Ave Triplex