Hassan Nemazee and the apartment at 770 Park Avenue
A Park Avenue residence that once served as the home of convicted white collar fraudster Hassan Nemazee has found a buyer after two years on the market, according to property records filed today. The apartment, at 770 Park Avenue, sold for $17.75 million to Marina Shields Purcell, the half-sister of Hollywood actress Brooke Shields, and her husband Thomas Purcell. [more]
The priciest home to hit the Manhattan market this week is a 15-room duplex co-op unit located at the Rosario Candela-built 770 Park Avenue at 73rd Street, according to Streeteasy.com. John Burger at Brown Harris Stevens has the listing for the six-bed, six-bath home with an asking price of $19.5 million. Don Moses at Exit Realty Landmark has the week’s least expensive listing at 450 West 152nd Street in Hamilton Heights. The asking price for the co-op unit is $149,500. Click here to see these listings and more.
The most expensive Manhattan listing to hit the market this week is a 15-room co-op unit at 834 Fifth Avenue, asking $27.5 million. The duplex unit has views of Central Park and is listed with Ann Jeffrey and Mary Rutherfurd of Brown Harris Stevens. The least expensive Manhattan listing to hit the market this week is a one-bedroom, one-bathroom co-op at 3692 Broadway in Hamilton Heights that’s listed with Tasha Trice of A.C. Lawrence for $115,000. – Katherine Clarke… [more]
The U.S. Marshal’s office has sold the second of two swanky Tribeca condos owned by disgraced financier Hassan Nemazee, according to city records. Last month, the 1,592-square-foot, two-bedroom apartment at 101 Warren Street sold for $2.44 million.
Nemazee, who pleaded guilty in March to looting $292 million from Bank of America, Citigroup and HSBC, bought two apartments for his children in 2008 at the brand new 99-101 Warren Street project. He paid $2.7 million for this unit, closing three days after Lehman Brothers collapsed…. [more]
A Park Avenue duplex belonging to oil industry executive Thomas Edelman is on the market for $11 million, after a $6 million, or 34 percent, price cut. The 11-room apartment, on the eighth floor of the coveted Rosario Candela-designed 770 Park Avenue, has high ceilings, herringbone floors, a wood-burning fireplace and a 14-by-17-foot gallery entryway, but overlooks East 73rd Street rather than Park Avenue. Edelman purchased a larger duplex across the street last year for a cool $22 million, which got him over 100 feet directly facing Park Avenue. [NYT]
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