730 Park Avenue Co-op Sells For $14.3M to Deutsche Bank Exec

by Co-op Board

Robert Jeffe, Deutsche Bank’s Chairman of the Corporate Advisory Group in the Americas, and his wife Elizabeth just paid $14.3 million for the 730 Park Avenue co-op apartment, according to public records. The cooperative was formerly owned by William T. Golden,; the late preeminent science policy adviser to numerous American presidents.

Corcoran brokers Sharon Baum and David Enloe had the listing for this enormous 11-room apartment on the building’s fifteenth floor.

There was a huge bidding war for this co-op. The apartment originally went on the market for $11,500,000, and soared to $2.8 million over the listing price. Now that’s a hard-earned commission!

The agents described the 3-bedroom, 5 1/2 bathroom cooperative as “grand” quarters. With “three staff rooms and two staff bathrooms,” any extraordinarily well-off buyers could afford their butler, maid, nanny and/or cook ample living quarters.

The Jeffe’s apartment also has two wood-burning fireplaces and a fanciful room called a loggia off the master bedroom suite. The loggia gives them a quaint, fanciful sitting area to watch the sunset over Manhattan’s west side

Neighbors in the co-op include:

Convicted felon A. Alfred Taubman, the disgraced former head of Sotheby’s auction house;
William P. Lauder, CEO of Estée Lauder Companies;
Hedge fund superstar Daniel C. Benton, the Chairman and CEO of Andor Capital Management, a respected former Goldman Sachs technology analyst. Benton and his wife Anna Nikolayevsky Benton paid $21.5 million in November 2007 for their duplex apartment the co-op.
New York socialite Elizabeth Lindemann, who paid $10.5 million for her co-op in the summer of 2006;
Lindemann sold her former apartment in the building to Jamie Nicholls and O. Francis Biondi Jr. for $21.5 million in June 2006. The couple’s 5,600 square reportedly had 5 bedrooms and two wood-burning fireplaces.