The penthouse at 812 Park Avenue
A 15-room penthouse triplex at 812 Park Avenue is in contract for less than half of its original asking price.
Financier Gordon Pattee and his wife first listed their home in the white-glove co-op for $36.5 million in 2007, at the height of the real estate boom. After several rounds of price cuts, the price was finally chopped to $15.9 million, and the listing is now in contract, according to Streeteasy.com.
Brokers familiar with the building, located between 74th and 75th streets, said the sale price is likely between $13 and $14 million.
The Pattees’ five-bedroom, seven-bathroom apartment spans the 13th, 14th, and 15th floors of the building, according to the listing, a co-exclusive between Brown Harris Stevens’ Caroline Guthrie and Bunny Goodwin of Sotheby’s International Realty. … [more]