When former pharmaceutical executive and United States Ambassador to Belgium Bruce Gelb's apartment at 1060 Fifth Avenue closed for $17,500,000 last week, it was immediately apparent that it closed for $47,500,000 below the original ask when it was first listed in April 2016. However, a review of the week's sales shows that the dramatically reduced closing price was nevertheless good enough for the highest-priced sale for the last full week of October 2022.
Ambassador Gelb is not the only luminary with a home among the top sales this week. About a mile from 1060 Fifth Avenue, Pantzer Properties co-CEO Jason Pantzer takes his place in "tower of power" 740 Park Avenue with a massive five-bedroom home that closed for $12,500,000 in the third-highest price of the week. When the apartment entered contract in July 2022, the listing noted that the home had not been listed in over 60 years. The seller is listed in public records as the Charles H. Dyson and Jane K. Dyson Rev. Trust.
Downtown, Rupert Murdoch's full-floor home at One Madison tied for the third-highest sale when it closed for $12,500,000 less than a month after entering contract with an asking price of $16,000,000. The buyer was listed only as Dakotaflatiron LLC. Mr. Murdoch's triplex penthouse remains on the market for $58,000,000, and there is also an option to rent it for $160,000/month.
Downtown, Rupert Murdoch's full-floor home at One Madison tied for the third-highest sale when it closed for $12,500,000 less than a month after entering contract with an asking price of $16,000,000. The buyer was listed only as Dakotaflatiron LLC. Mr. Murdoch's triplex penthouse remains on the market for $58,000,000, and there is also an option to rent it for $160,000/month.
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However, both the buyer and seller of the second-highest sale conducted the transaction behind trusts and LLCs. A full-floor home at 150 Wooster Street, a new construction condo with loft-like interiors, closed for $16,675,000 in the highest downtown deal of the past week.
1060 Fifth Avenue, #10B (Sotheby's International Realty)
From the Listing:
This sprawling 10th floor residence is perched high atop one of Carnegie Hill’s most coveted prewar cooperatives and offers stunning views of Central Park and the Reservoir. Designed by the renowned architect J.E.R. Carpenter in 1928, this high floor apartment incorporates all of the period architectural elements that distinguish the great buildings of the late 1920s in New York City. The spectacular 15 into 13 room corner residence is perfectly positioned on Fifth Avenue to enjoy the absolutely dazzling views of Central Park and the fabulous sun-lit Southern exposures grace the apartment with amazing light throughout the day. Upon entry, a private elevator landing opens to a beautifully proportioned gallery which anchors the principal entertaining rooms, all overlooking Central Park.
This sprawling 10th floor residence is perched high atop one of Carnegie Hill’s most coveted prewar cooperatives and offers stunning views of Central Park and the Reservoir. Designed by the renowned architect J.E.R. Carpenter in 1928, this high floor apartment incorporates all of the period architectural elements that distinguish the great buildings of the late 1920s in New York City. The spectacular 15 into 13 room corner residence is perfectly positioned on Fifth Avenue to enjoy the absolutely dazzling views of Central Park and the fabulous sun-lit Southern exposures grace the apartment with amazing light throughout the day. Upon entry, a private elevator landing opens to a beautifully proportioned gallery which anchors the principal entertaining rooms, all overlooking Central Park.
3 Available Listings for Sale from $4,450,000
150 Wooster Street, #5 (The Corcoran Group)
From the Listing:
This breathtaking four-bedroom loft with private outdoor space represents a rare opportunity to enjoy new-construction style and convenience inspired by SoHo’s legendary cast-iron buildings. Enter your full- floor home via keyed elevator access that delivers you into the private entry gallery of this exquisite 4,271-square-foot residence. A coat closet and powder room make a gracious greeting while expansive living spaces introduce sky-high ceilings, wide-plank fumed white oak floors and 18 oversized windows on the western and eastern exposures.
Gather alongside Wooster Street views in the massive living room, or entertain under designer lighting in the stunning dining room. In between, a linear gas fireplace acts as a striking focal point and subtle room divider. Chefs will delight in the dramatic open kitchen where rich slate gray cabinetry, bold Danby marble waterfall island and a walk-in pantry are joined by state-of-the-art appliances, including a vented six-burner gas range. A glass door opens to your sun-splashed east-facing 184-square-foot balcony, the perfect spot for morning coffee or after-dinner drinks.
This breathtaking four-bedroom loft with private outdoor space represents a rare opportunity to enjoy new-construction style and convenience inspired by SoHo’s legendary cast-iron buildings. Enter your full- floor home via keyed elevator access that delivers you into the private entry gallery of this exquisite 4,271-square-foot residence. A coat closet and powder room make a gracious greeting while expansive living spaces introduce sky-high ceilings, wide-plank fumed white oak floors and 18 oversized windows on the western and eastern exposures.
Gather alongside Wooster Street views in the massive living room, or entertain under designer lighting in the stunning dining room. In between, a linear gas fireplace acts as a striking focal point and subtle room divider. Chefs will delight in the dramatic open kitchen where rich slate gray cabinetry, bold Danby marble waterfall island and a walk-in pantry are joined by state-of-the-art appliances, including a vented six-burner gas range. A glass door opens to your sun-splashed east-facing 184-square-foot balcony, the perfect spot for morning coffee or after-dinner drinks.
One Madison (CityRealty)
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One Madison, #57A (The Corcoran Group)
From the Listing:
Highest full-floor unit at the sought-after One Madison condominium! The 57th floor spans over 3,300 square feet with spectacular 360-degree city views. A windowed private elevator landing brings you directly into the residence. The corner living/entertaining space features northwest exposures, an open chef’s kitchen and dining area with views of the iconic Empire State Building, Madison Square Park, Metropolitan Life Building as well as all of New York City. The apartment has three spacious bedrooms, three full bathrooms, and an additional powder room.
Highest full-floor unit at the sought-after One Madison condominium! The 57th floor spans over 3,300 square feet with spectacular 360-degree city views. A windowed private elevator landing brings you directly into the residence. The corner living/entertaining space features northwest exposures, an open chef’s kitchen and dining area with views of the iconic Empire State Building, Madison Square Park, Metropolitan Life Building as well as all of New York City. The apartment has three spacious bedrooms, three full bathrooms, and an additional powder room.
740 Park, #2/3C (Brown Harris Stevens)
From the Listing:
Imagine living as only Rosario Candela could have designed it. When 2/3C was first designed, it was thought to be perfection in the sense that it struck the balance between the grandeur of townhouse living in New York city and the important benefits of living in a full service building. Apartment 2/3C has not been offered for sale for over 60 years. This five-bedroom, spacious and extremely gracious apartment has 10’9" ceilings, fireplaces and very large, well-proportioned rooms.
A beautiful staircase graces the spacious entrance gallery, an architectural element which distinguishes Candela designed apartments, from all others. The very large dining room (25’4"x 20') may be configured formally or informally. The spectacular layout of the apartment (see floor plan) permits a large number of private bedrooms combined with public space, which can be converted to the needs of any owner today.
Imagine living as only Rosario Candela could have designed it. When 2/3C was first designed, it was thought to be perfection in the sense that it struck the balance between the grandeur of townhouse living in New York city and the important benefits of living in a full service building. Apartment 2/3C has not been offered for sale for over 60 years. This five-bedroom, spacious and extremely gracious apartment has 10’9" ceilings, fireplaces and very large, well-proportioned rooms.
A beautiful staircase graces the spacious entrance gallery, an architectural element which distinguishes Candela designed apartments, from all others. The very large dining room (25’4"x 20') may be configured formally or informally. The spectacular layout of the apartment (see floor plan) permits a large number of private bedrooms combined with public space, which can be converted to the needs of any owner today.
2 Available Listings for Sale from $23,750,000
50 West, #32C (Time Equities)
Beckford Tower (Douglas Elliman)
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