NYC Co-op Apartment Sales

NY coops and cooperative apartment sales: prices, buyers, sellers, details, and deals

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Rupert Murdoch’s ex-Wife Wendi Gets 834 5th Ave. Co-op

Rupert Murdoch and Wendi Deng Murdoch: she got the 834 5th Ave. co-op apartment
It’s official. Rupert Murdoch transferred sole ownership of the 8,000 sq. ft. 834 Fifth Avenue triplex penthouse co-op that he once shared with his now ex-wife Wendi Deng Murdoch, after their divorce, according to public records.

New York City public records show that the transfer happened several weeks ago on January 28, 2014.

What’s fascinating, however is that the ex-couple’s former love nest valued was transferred for a figure of $10 million less than when they bought purchased it from from the estate of Laurence Rockefeller.
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February 12, 2014   No Comments

370 CPW 7-Room Co-op Sells for $2.55M: Dr. to Dr. Transaction

370 Central Park West (CPW) co-op

Anesthesiologist Cephas Swamidoss and Anita Raja paid breast reconstruction surgeon David T. Greenspun and Rachel M. Schneider $2.55 million for a stunning 7-room co-op at 370 Central Park West.

Perhaps a professional doctor to doctor courtesy accounts for the $150,000 drop from the apartment’s original $2.7 million list price.

This particular co-op boasts expansive views of Central Park’s trees. One can almost reach out and touch the foiliage!

The building is nearly a century old.
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February 5, 2014   No Comments

Swiss Trust Pays $11M for 117 East 72nd Street Full Floor Co-op

117 East 72nd Street
A mysterious Swiss trust recently paid $11 million for the entire 14th floor of a co-op at 117 East 72nd Street on Manhattan’s Upper East Side, $4 million less than the apartment’s original $15 million list price.

The sellers were the four children of the late Peter Stephaich and his former wife, Louise Hitchcock Stephaich.

The apartment is absolutely enormous
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February 4, 2014   No Comments

CBRE Broker Ed Lederman Sells 860 Park Ave. Co-op for $12.5M

860 Park Avenue full-floor co-op
Edward Lederman, a commercial real estate broker at CB Richard Ellis, recently sold his enormous full-floor 860 Park Avenue co-op apartment for $12.5 million to Deborah Van Eck, according to public records.

This deal set a new record high for apartment sales in the building.

Lederman appears to have done quite well on the deal.
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December 6, 2013   No Comments

Classic 6 Co-op at 975 Park Ave Sells for Bizarre $2,741,875

Benjamin Franklin Stapleton, III recently bought a Classic 6 co-op apartment 975 Park Avenue for $2,741,875 from sellers Henry Warshow & Miriam Warshaw. Stapleton has been an M&A lawyer at Sullivan Cromwell for decades, according to public records.

The cooperative apartment building was once home to convicted felon Peter Madoff, brother of convicted Ponzi schemer Bernie Madoff. Peter and his wife sold their apartment before he began serving a 10-year sentence in federal prison in Estill, South Carolina for falsifying records and conspiracy.
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December 4, 2013   No Comments