Stanley Cayre, whose family runs real estate investment firm Midtown Equities, has purchased a full-floor co-op at 640 Park Avenue for $23 million, the most expensive residential sale of the week, the New York Times reported.
The apartment’s prior owner, Sue Erpf Van de Bovenkamp, was the widow of financier and presidential adviser Armand Erpf. She was also the president of the Armand G. Erpf Charitable Foundation. She died in 2011 at the age of 82. [more]