Attorney General Eric Schneiderman and the Apthorp

Attorney General Eric Schneiderman has shut down the sales office at the Apthorp, fined the developers $190,000 and ordered rescission for all contracted buyers following an investigation into misleading statements made to the AG months before they filed suit to block Anglo Irish Bank from selling their $385 million mortgage loan.
The Apthorp developers, led by Africa Israel USA and Broadwall Management, filed suit against the troubled bank Sept. 12, alleging the sale of the $385 million Apthorp loan would “adversely impact sales” and potentially “threaten the conversion project itself.”
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From left, Conan O’Brien, 115 Central Park West and Dolly Lenz

The co-op unit that NBC’s Conan O’Brien sold at the Majestic co-op building at 115 Central Park West, for close to its $29.5 million asking price, “had a quirky
layout,” said Dolly Lenz, the vice chairman of Prudential Douglas Elliman who brokered the deal, the New York Post reported. “But it was the big terrace — the southeast-facing terrace — that sold it.” That terrace is one of the apartment’s three private terraces, outdoor space which makes a difference when marketing real estate. According to the Wall Street Journal, the sale ranks as one of the biggest residential sales of the year so far in Manhattan. Lenz recently brokered another deal for an apartment on
Central Park West that boasted 4,000 square feet of outdoor space,
which sold almost the moment it went on the market for its full $13.9
million asking price. While outdoor space is often priced at about 25 percent of the price-per-square-foot of interior space, the terrace or roof deck can command a huge premium. “In this hectic city, having a place to go out and have a cup of coffee on, or a place
to take your dog, is the extra little special bit,” said Diane Ramirez, president of Halstead Property, which is marketing a 4,400-square-foot Upper East Side duplex penthouse co-op with 5,000 square feet of terrace and an indoor pool for $5.5 million. “It’s just a jewel factor.” [Post]

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Conan O’Brien and the Majestic

Conan O’Brien has found a buyer for his seven-bedroom, eight-and-a-half-bathroom duplex in the Majestic building on the Upper West Side, according to the Wall Street Journal. The luxury co-op sits across from the Dakota on the corner of 72nd Street and Central Park West. Although it’s not immediately clear what the buyer’s offer on the unit was, the asking price had been $29.5 million. If the unit does close for around that amount, it would rank as one of the biggest residential sales of the year so far in Manhattan. [WSJ]

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Conan O’Brien and the Majestic at 115 Central Park West

While Conan O’Brien’s short-lived “Tonight Show” career may be over, the rusty-tressed comedian doesn’t appear to be making a return to New York City any time soon. O’Brien’s penthouse apartment at the Majestic co-op at 115 Central Park West on the corner of 72nd Street is reportedly being placed on the market, quietly, for $35 million. The south-facing 17th- and 18th-floor duplex includes three separate terraces and park views.
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