Madison Avenue | NYC Co-op Apartment Sales
NY coops and cooperative apartment sales: prices, buyers, sellers, details, and deals
Random header image... Refresh for more!

Category — Madison Avenue

Joel Ackerman Pays $7M for Liliane Peck’s Triplex Co-op

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.

[Slashdot] [Digg] [Reddit] [] [Facebook] [Technorati] [Google] [StumbleUpon] Sphere: Related Content

August 3, 2010   1 Comment

Bunny Price Hops From Co-op, Anna Bulgari Pays $3.95M List

Bunny Price just sold her Classic 6 co-op apartment at 1040 Madison Avenue (a/k/a 31 East 79th Street) for the original asking price of $3.95 million.

Price is the ex-wife of billionaire Michael F. Price, a billionaire ranked 277th on this year’s Forbes 400 list.

Even in the current housing market, Price turned a nice profit on the sale, getting nearly $750,000 more than the $3.25 million she paid current Lieutenant Governor Richard Ravitch for it in 2006.

Jewelry designer Anna Bulgari

Anna Bulgari sold and bought co-op apartments at 1040 Park Avenue, 31 East 79th Street

Neighbor Anna Bulgari, a jewelry designer and member of the Bulgari family jewelry and luxury goods dynasty, bought Bunny’s apartment.

Monthly maintenance on this Classic 6 in the heart of the Upper East Side is $5,253. The doorman building is pet-friendly. Of course, for this kind of money, the apartment comes with a washer and dryer.

Like other apartments in this grand pre-war building, the living room comes with a non-environmentally friendly wood-burning fireplace.

Just days earlier, Bulgari sold her own cooperative in the building for $3.49 million. The buyer was socialite Liliane Peck.

Veteran Brown Harris Stevens broker Phebe Bowditch had the exclusive on Bunny’s cooperative.

There have been a flurry of end-of-the year deals at this corner co-op:

  • Kim Fennebresque paid $2.9 million for a 7-room co-op that he bought from the estate of late Edythe Acquavella, mother of William Acquavella, owner of the Acquavella Galleries across the street;
  • Anna Bulgari sold her 4th floor apartment to Liliane Peck on Dec. 23rd;
  • Followed by Bunny price selling her apartment to Bulgari.
It’s been more than 2½ years since the last sale in the building when J. Whitney Stevens paid $3.25 million for a high-floor co-op in the building.

31 East 79th residents can always stop by neighbor Mayor Michael Bloomberg’s townhouse for a cup of sugar.

[Slashdot] [Digg] [Reddit] [] [Facebook] [Technorati] [Google] [StumbleUpon] Sphere: Related Content

January 8, 2010   2 Comments

Kim Fennebresque Buys 31 East 79th St. Co-op in Estate Sale

Financial wiz Kim Fennebresque just paid $2.9 million for a 7-room co-op apartment at 31 East 79th Street located at the corner of Madison Avenue.

Kim Fennebresque Busy 31 East 79th St. Co-opFennebresque is a member of the Board of GMAC Financial Services, General Motor’s financial lending arm, and a senior advisor at the Cowen Group where he was formerly the Chairman and CEO.

The 7-room apartment was listed with a monthly maintenance of $5,075.Brucie Boalt and Serena Boardman at Sotheby International Realty had the exclusive.

Fennebresque negotiated a good deal: the closing price was $850,000 off of the original $3,750,000 listing when it went on the market Thanksgiving week in 2008.

The large 2 bedroom co-op has a rare, and coveted feature sought after buy apartment buyers: a fireplace. The catch it’s not environmentally friendly.

31 East 79th Street, Apt. 7E sold for $2.9M

The sun-filled apartment has eastern, southern, and western views overlooking the Iraqi Mission to the United Nations.

This was an estate sale of the late Edythe Acquavella, mother of William Acquavella, owner of the family’s Acquavella Galleries across the street at 18 East 79th Street.

[Slashdot] [Digg] [Reddit] [] [Facebook] [Technorati] [Google] [StumbleUpon] Sphere: Related Content

December 23, 2009   1 Comment