Category — Duplex Co-ops

A 7,000 sq. ft. duplex Park Avenue co-op owned by the late Warburg Pincus investment banker Lionel Pincus was sold for $12.5 million.

According to New York City public records, the buyers was a cryptic trust, the CES Trust, represented by Withers Bergman, LLP, a law firm that boasts of being the “leading law firm for successful people, families, businesses and charities.”

Hmmph.


Corcoran’s Joan Kaplan had the exclusive.
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Manhattan socialite Liliane Peck just sold her triplex co-op apartment at 1040 Madison Avenue a/k/a 31 East 79th Street, for $7 million.

The buyer was CPA Joel Ackerman, the newly appointed Director of the Fuoco Group, LLP, an accounting and business advisory firm. Ackerman also holds a Masters of Science in Taxation.

The triplex occupies three high floors. It comes with a wood-burning fireplace in the living, like other apartments in this grand pre-war building.

The 4-bedroom, 3½ bathroom apartment also has a library on the second floor of the duplex.

Peck bought Anna Bulgari’s apartment in the same building for $3.49 million last year.

Julian Setian, the COO at privately held SOS International, a U.S. Defense Department contractor, just paid $2.495 million for a 2,377 sq. ft. 3 bedroom, 2 bathroom duplex co-op loft apartment in the West Village.

Monthly maintenance is $2,315.

The sellers were David A. Willmott and Catherine S. Willmott. The couple will celebrate their 12-year wedding anniversary this summer.

David is currently the Senior Vice President of Corporate Development and Strategy at Blount International, a worldwide manufacturing company based in Portland, Oregon.

According to public disclosures, David is an 11-year veteran of now downfallen and bankrupt Lehman Brothers where he was a partner in the investment firm’s private equity division. Before joining Blount, Willmott was a co-founder and partner at the New York based private equity firm Collins Willmott & Co. LLC.

Halstead’s Susan Goldman had the exclusive.

Neighbors in the building include:

• Morgan Stanley Executive Director Beverly Israely, and Frederick Kelly, who paid $1.916 million for their apartment in 2005.
• Jason McCoy and Lisbeth Rassmussen-McCoy, who paid $1.55 million for their co-op.
• Underground art mavin Jacaeber Kastor and Althea Kastor who paid $1.35 million for their co-op loft in 2006;
• Gregory Blatt, CEO of Match.com and former General Counsel for Martha Stewart Living, who paid $2.36 million for his co-op in Dec. 2005