Upper West Side Co-ops | NYC Co-op Apartment Sales - Part 2
NY coops and cooperative apartment sales: prices, buyers, sellers, details, and deals
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Category — Upper West Side Co-ops

Morgan Stanley’s Guy Metcalfe Pays $6.125M for 90 Riverside Co-op

Guy Metcalfe, the co-head of Morgan Stanley’s real estate investment banking group, appears to be quite the flipper. He and wife Lisa Metcalfe just can’t stay put in one apartment for too long.


According to New York City records, the Metcalfes just paid $6.125 million — $130,000 over the $5.995 million asking price — for a 3,100 sq. ft. co-op apartment at 90 Riverside Drive on the Upper West Side.

The seller was Abby Rothschild

Last May, the couple sold their 3,822 sq. ft. 15 Central Park West Condo for $11 million, less than a year after buying it for $9.35 million.

They moved into 15 CPW after selling their Park Royale co-op apartment at 23 West 73rd Street for $3.9 million in April 2008,

Corcoran Senior Vice President Maria Manuche had the exclusive, selling the co-op above ask in just three weeks.

The apartment has 8 rooms, 4 bedrooms and 3½ baths, and 3,100 sq. ft. of generous living space. The panoramic picture windows offer incredible views of the Hudson and Riverside Park. The apartment has an HVAC system and a washer and dryer.

Monthly maintenance in this pet friendly pre-war doorman co-op is $4,352. The co-op board requires at least 25% cash downpayment, allowing financing of up to 75%.

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January 30, 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

Divorcing Lawyers Sell UWS Co-op For $1.925M

Another Upper West Side co-op apartment was just sold during the end of a marriage, giving former owners Nina Brodsky and Kenneth Roth some cash towards paying New York City divorce lawyers to help them put the finishing touches on ending their marriage.


The generously sized 7-room apartment on a high floor of 315 West 106th Street sold for $1.925 million. Unlike many sales noted here over the last year, however, there was no real discount from the original $1.95 million initial list price. The co-op was on the market for only a month before it went into contract in October 2009.

Public records show that Nina Brodsky, a Manhattan lawyer at Continuum Health Partners, filed for an uncontested divorce last month against Roth, an attorney and the Executive Director of Human Rights Watch. A former federal prosecutor, lawyer in private practice, and Iran-Contra affair investigator Roth reportedly receives an annual salary of $350,000 at HRW. Who imagined that working at a non-profit could actually be…well…profitable?

Brodsky and Roth lived at the co-op since 1993, having moved in from just a few blocks away.

The buyers are Stuart Warshaw and Karina Warshaw, the owners founders of Rauw Energy, resellers of a home energy savings device.

Brown Harris Stevens brokers Janet Garson Gifford and David Anderson had the exclusive for the apartment.

The enormous living room and all of the bedrooms have a light-filled wonderful southern exposure, with views looking westward towards the Hudson River and Riverside Park. Thankfully, for this kind of money, it also appears that you get to use a washer and dryer in the kitchen.

The co-op board at 315 West 106th permits dogs, but only after they pass muster at the interview. The pre-war building was built in 1925.

The highest recorded sale in the building was in 2007 when Arnold ‘Arnie’ Eisen and Adraine Leveen paid $2.45 million for a low-floor apartment in the co-op after Eisen became the new Chancellor of the Jewish Theological Seminary .

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January 26, 2010   1 Comment