(Source: By Joseph N. DiStefano, The Philadelphia Inquirer) - Citigroup founder Sanford Weill sold his old apartment at 15 Central Park West (4 bedroom, 4.5 baths, “wraparound terrace, windowed chef’s kitchen and roof garden,” to Russian fertilizer mogul Dmitry Rybolovlev for $88 million, the most yet paid for a single-family residence in Manhattan, Global Post reports here, citing CNN, BBC, the Wall St Journal.
Weill bought it in 2007, as the real estate collapse (elsewhere in America) accelerated, for $42 million.
“The Rybolovlev family won’t be the only people celebrating the deal. According to the Wall Street Journal, the sale generated almost $2.5 million in city and state taxes and earned two brokers at Brown Harris Stevens a commission of about $3.5 million.”
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