The Real Deal New York

Developer buys Wexner’s 834 Fifth Avenue co-op for $36 million

February 25, 2011 08:52AM

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A duplex apartment at 834 Fifth Avenue has been sold to developer Larry Heyman for $36 million in the priciest Manhattan co-op sale in more than a year, according to the Wall Street Journal. The Rosario Candela-designed building, at 64th Street, was once the home of Laurance Rockefeller, and now claims four of Manhattan’s 20 most expensive co-op sales. Its newest resident, a vice president at Heyman Properties, whose portfolio includes the Financial District’s 61 Broadway and other commercial properties in Westchester and Connecticut, is also the son of the late GAF Corp. chairman Samual Heyman. The seller was billionaire Leslie Wexner, who founded Victoria’s Secret parent company Limited Brands. Wexner is no stranger to record-breaking New York real estate– in 2000, he sold a townhouse on East 78th street for a then-record $31.5 million. Serena Boardman of Sotheby’s International Realty had the listing, while Brown Harris Stevens’ Nancy Elias represented Heyman in the deal. [WSJ]

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