Central Park West | NYC Co-op Apartment Sales
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Category — Central Park West

Retired D&B CEO Steve Alesio Pays $6.6 for San Remo Co-op

Newly retired Dunn & Bradstreet CEO Steve Alesio and wife Luana Alesio paid $6.6 million for their 7-room Upper West Side co-op apartment in the San Remo

The 145 Central Park West co-op has 3 bedrooms, a home office that was formerly a maid’s room, and 3½ bathrooms rooms. Monthly maintenance totals $4,733 on this luxury UWS apartment.

The sellers were John Boyd and Penny Alper Boyd, a couple with decades of management consultancy experience.

John Boyd is the head of Boyd Operating Alliances, LLC

Stribling brokers Cathy Taub and Catherine Harding had the exclusive for the Boyds.

The co-op came on the market for $6.4 million in early May, and appears to have generated a bidding war since it sold for $200,000 over the original asking price.

In addition to a washer and dryer, the apartment has through-the-wall air conditioning.

Standard common shareholder amenities in the San Remo include basement storage bins for each apartment, a bike room, and a gym.

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August 11, 2010   2 Comments

91 CPW Co-op Apartment Sells For $7M, a 60% Return After 2.5 Years

Medical venture capitalist Charles C. Cahn, Jr. just paid $7 million for a co-op apartment at 91 Central Park West.

This Classic 6 apartment has 3 bedrooms, 3 baths, and a fantastic view of the Macy’s Thanksgiving Day Parade.

John Burger at Brown Harris Stevens had the exclusive listing.

The pre-war cooperative was built in 1921, has 15 floors, and approximately 96 apartments. Monthly maintenance charges for the unit were listed at $3,807, of which approximately 52% is tax deductible.

91 Central Park West

The sellers were Daniel Dokos, a corporate lawyer at Weil, Gotshal & Manges, and his partner Glenn Finn who worked as the Chief Operating Officer for Tweedy, Browne Co. investment advisors, according to a Hillary Clinton for President 2008 FEC filing.

While foreclosures were running rampant around the country, Dokos and Finn can smile all the way to the bank about having bought this apartment. They bought the Upper West Side co-op in April 2007 for $4,377,500.00, flipping it for a 60% return in a little over 2½ years.

$2,622,500 isn’t a bad return when you consider that the financial and national real estate markets plummeted starting in late 2008.

Dokos is chairman of Weil Gotshal’s firm’s banking & finance practice and a member of the law firm’s 16-member firm Management Committee.  He a member of WEGALA, the law firm’s Lesbian, Gay, Bisexual and Transgender Affinity Group, and extols Weil’s focus on diversity in the firm’s 2009 Diversity Brochure.

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January 27, 2010   4 Comments

Park Royal Co-op Sells for $3M

A 7½ room, 2,300 square foot co-op apartment in The Park Royal on West 7rd Street sold for $3 million, according to public records, nearly 15% less than the original $3.5 million price when it was first listed in March 2009.

Sellers David Markowitz and Melissa Markowitz relocated to Ohio.

The buyers are Dr. Margaret Pisani and Edwin Pisani. Dr. PIsani is a pulmonary and intensive care physician at Yale University Medical School who concentrates on the health of older intensive care unit patients. Ed Pisani is a partner at Ernst & Young, LLP where he leads the Financial Services Advisory Group.

Carol Levy had the exclusive for this cooperative.

Monthly maintenance charges are just over $3,900, and include all electric bills. The apartment was created by combining two co-ops. Don’t worry: for this kind of money yu get a legal washer and dryer

The Park Royal is conveniently located at 23 West 73rd Street between CPW and Columbus, just steps from Central Park, near subways along West 72nd Street, and around the corner from the Dakota and San Remo. The building is just blocks from Fairway and Zabars.

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January 12, 2010   No Comments