The Real Deal New York

Former Chicago law school dean sells One Beacon pied-a-terre for $13M

October 22, 2012 05:30PM
By Zachary Kussin

5 People Viewed

From left: Daniel Fischel, Sylvia Neil, Noble Black, an interior shot of the unit and One Beacon Court

Former University of Chicago Law School dean and legal scholar Daniel Fischel has sold his One Beacon Court pied-a-terre condominium unit for a cool $13 million, according to public records filed with the city today. Fischel and his wife Sylvia Neil, a professor at Northwestern University School of Law, listed the 2,669-square-foot home for $15.9 million in February with Noble Black, a senior vice president at the Corcoran Group.

Black did not immediately respond to a request for comment. Fischel could not immediately be reached and Neil did not immediately respond to a request for comment.

The home underwent a 7 percent price cut in May, to $14.75 million, Streeteasy.com shows. The couple purchased the home for $8.45 million in October 2009, according to public records.

The purchaser is an entity named Gemini NY LLC, which closed on the property on Oct. 5, the deed shows. The buyer’s attorney, Seth Weitz, did not immediately respond to a request for comment.

The 48th-floor home, located at 151 East 58th Street between Third and Lexington avenues, has two bedrooms, 11-foot ceilings, a library and a 350-square-foot dressing room. The home also offers views of Central Park, the East River and the George Washington Bridge, according to the listing.

Fischel joined the law school in 1984 and served as its dean from 1999 to 2001. He also testified in defense of Jeffrey Skilling and Ken Lay, the executives at the heart of the Enron accounting scandal. He and Neil purchased the home from Stuart Lasher, managing director of the Florida-based investment firm Quantum Capital Partners.

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