The Real Deal New York

Barbara Corcoran picks up $10M penthouse

Corcoran Group founder buys 11-room duplex at 1158 Fifth Avenue

April 09, 2015 02:15PM

Barbara Corcoran

Barbara Corcoran

Barbara Corcoran and her husband William Higgins have purchased an 11-room penthouse duplex co-op on the Upper East Side for $10 million.

The Corcoran Group founder, who sold the company that bears her name in 2001, and Higgins, a former FBI agent, bought the penthouse at 1158 Fifth Avenue from interior and landscape designer Pamela Scurry and her husband Richard.

The co-op hit the market in late 2013 at an asking price of $14.5 million before undergoing several price chops, according to the New York Post.

The duplex features a landscaped terrace, solarium and conservatory. The listings brokers were Sotheby International Realty’s Nikki Field and Patricia Wheatley.

Corcoran’s previous purchases include a $4 million condo on the Upper East Side and a $1.46 million Bedford-Stuyvesant townhouse. In 2011, the “Shark Tank” star gave The Real Deal a tour of the three-bedroom Upper East Side apartment that she bought for $3.5 million in 2000. [NYP] – Rey Mashayekhi

  • Tyrannosaurus Rex

    This PH is a steal at this price! Good for Barb!!

    • Guest

      ★✩★✩I RECEIVED FIRST DRAFT OF $13000!@ak16:



  • Bob the Broker

    Good for her! She works harder than most of those “brokers” out there. She deserves it.

    • Ralph Krueger

      Barb, Bill, Tommy and Kate will love the PH. A fabulous lady and my mentor for almost twenty years. A life-changing experience!

    • Marc

      I’d like to meet her one day. She’s evidence that you don’t need to be an a-hole to succeed in that business in NYC. She truly seems to have cared for her agents welfare and even cares to this day despite having no more financial interest. That said she appears to be one tough broad and I say that with admiration & respect.