11-Room Co-op at 765 Park Ave. Sells for $12M | NYC Co-op Apartment Sales
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765 Park Ave. Co-op Sells for $12M to Benjamin and Susan Winter

An enormous co-op apartment at 765 Park Avenue just sold for $12 million, according to public records, a modest 4% drop from the original $12.5 million list price.

The seller was Manhattan corporate lawyer Harvey M. Spear, counsel at Cadwalader.

The buyers are Benjamin J. Winter and Susan R. WInter. Benjamin is Chairman of the Winter Organization, a 109-year-old family run real estate investment, development and management firm founded by his late grandfather who immigrated from Poland to the Lower East Side in 1901. The couple will be moving from their Fifth Avenue co-op.

The 11-room 3 bedroom, 4 bath pre-war co-op is in grand building created by famed New York City architect Rosario Candela in 1927.

Brown Harris Stevens brokers John Burger and Mary Fitzgibbons had the exclusive.

The formal dining room overlooks East 72nd Street, while the adjacent living room also has corner views of Park Avenue. The co-op apartment has boasts two wood-burning fireplaces, environmentally unsound features that contribute to New York City’s asthma risks, particle pollution, and emit many of the same carcinogens as cigarettes.

The master bedroom, an additional bedroom, and the library all have Park Avenues views facing west. The apartment also has a library, maid’s room, laundry facility, and eat-in kitchen.

Monthly maintenance in this pet-friendly white-glove co-op is $6,102, and the building has a gym.

Neighbors in the building include:

  • Oil baron Thomas J. Edelman and wife Ingrid Ongar Edelman.

    The Edelman’s paid a whopping $22 million for a duplex co-op in 2008 when it was sold by the estate of Frances Todman, the widow of game show producer BIll Todman of Mark Goodson-Bill Todman Productions fame.
  • Everett R. Cook and Karen Cook.
    Everett is a managing director at Pouschine Cook Capital Management. The Cooks paid $7.975 million for their co-op in 2008.
  • Dr. Elizabeth A. Maher, an ophthalmologist who recently obtained sole ownership of a high-floor apartment in the building in a divorce settlement with her ex-husband James Maher.
  • Andrew Georges and Heather Georges who paid $7.6 million for a lower floor duplex in 2006
  • Former Bank of America media dealmaker Stephen Ketchum and Cynthia Ketchum, who paid $6.2 million for their lower floor apartment in 2005

Photo credits: Brown Harris Stevens

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1 comment

1 Jeffrey Kenner, Wife Buy 920 Fifth Ave Co-op for $7.6M | NYC Co-op Apartment Sales { 11.28.10 at 10:38 pm }

[…] sellers were Benjamin and Susan Winter, who traded up to a $12 million co-op apartment at 765 Park Avenue earlier this year. Benjamin chairs the Winter Organization, his century-old family run real […]

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