The Real Deal New York

Sandy Weill unloads 15 CPW maid’s quarters for $3M

Ex-Citigroup head lived in 1,079-square-foot pad while $88M penthouse was renovated

April 02, 2014 05:15PM

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From left: Sandy Weill and 15 Central Park West

From left: Sandy Weill and 15 Central Park West

Former Citigroup chairman and CEO Sandy Weill, who unloaded his 15 Central Park West penthouse for $88 million back in December 2011, has also sold a comparatively modest set of maid’s quarters in the building for $3 million.

Weill reportedly lived in the 1,079-square-foot pad while his pricey penthouse was being renovated and after it sold. The one-bedroom, one-and-a-half bath apartment also boasts a private terrace, and was initially listed for $6.25 million in January.

Though the final deal netted Weill less than 50 percent of the initial ask, he will still pocket a $2 million profit, having paid only $1 million for the property in 2007. He also netted a $44 million profit on the penthouse, and awaits his next real estate pay day with a $14 million estate in Greenwich, Conn., which is currently on the market. [Curbed]Julie Strickland

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