Madonna Pays $7M for Neighbor’s Co-op Apartment on CPW

by Co-op Board

Material girl and savvy businesswoman Madonna just paid $7 million for her neighbor’s adjoining co-op apartment at 1 West 64th Street and Central Park West. The cooperative is known as Harperley Hall.

That appears to put an end to her breach of contract lawsuit against the coop board and managing agent Midboro Management which claimed they held up the sale of 868 shares allocated to neighbor Julie Clarke Thayer’s apartment.

Madonna’s neighbors include:

Actress Fran Drescher, who paid $1,895,000 for her co-op in 2004 via a trust that she created;
N.Y. Times Chairman and Publisher Arthur O. Sulzberger;
Bob Weinstein, the film executive who is joined at the hip in Hollywood with his brother Harvey;
Lamberto Andreotti, the Executive Vice President and President of Worldwide Pharmaceuticals at Bristol-Meyers Squibb. He paid $5 million for his apartment.

When it’s combined, this will be quite the space! Her existing apartment is a 6,000-square-foot duplex with its own gym and beauty salon.

This will make for a nice space for the entertainer, hubby Guy Ritchie, and their kids. They’ll be able to reach out and touch the Macy’s Thanksgiving Day Parade balloons! Interestingly, the co-op was purchased by Madonna in her name only.