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740 Park Avenue

740 Park Avenue
New York, NY 10021
Residential, Sales, Co-op, Multifamily
740 Park Avenue
740 Park Avenue is a cooperative apartment building between East 71st and 72nd Streets in the Lenox Hill neighborhood of the Upper East Side. Units in the limestone-clad building, erected in 1929, are some of the most expensive homes in the United States. Arthur Loomis Harmon and Rosario Candela designed the building for developer James T. Lee, Jacqueline Kennedy Onassis' grandfather. 740 Park Avenue was Jackie's home growing up. It has 31 units. The building is known for its high ceilings and wide hallways. Other residents have included the artist Saul Steinberg, Chrysler heiress Thelma Chrysler Foy, chemical engineering billionaire David H. Koch and cosmetics tycoon Ronald Lauder. Stephen Schwarzman, the founder of the private equity firm the Blackstone Group, bought his 34-room spread in 740 Park Avenue from Steinberg in 2000 for $35 million, a record price for a New York City co-op at the time. Other records followed. Howard Marks, who runs investment fund Oaktree Capital, and his wife, Nancy, bought a duplex from Courtney Sale Ross, the widow of Time Warner chief executive Steven J. Ross, in 2012 for $52.5 million. Israel Englander, a hedge fund manager and billionaire, purchased a unit in 2014 for $71.3 million.
  • Address 740 Park Avenue
  • neighborhood Lenox Hill
  • borough Manhattan
  • owner entity MARKS, HOWARD S
  • floors 19
  • Year Built 1929
  • residential units 33
  • total units 33
  • square feet 273,583
  • block and lot 1-01386-0033
  • BIN 1041363
Condominium Units+

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08/22/16
UPDATD: Aug. 23, 4:49 p.m.: Laura Englander Levin, daughter of billionaire hedge fund manager Israel Englander, has found a buyer for her tony Park Avenue...

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07/14/16
Howard Marks is used to making a lot of money, but he may have to accept a much lower price than he originally hoped for...

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06/15/16
...740 Park Avenue and Oaktree Capital's Howard Marks Even in New York City...

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06/14/16
...740 Park Avenue and Howard Marks A pair of billionaires locked in a...

740 Park
06/07/16
...recently that hasn't made life easy for the residents of 740 Park Avenue. Though three of the building's renowned duplexes are currently on...

740 Park Avenue David Koch Israel Englander thumb
06/06/16
...An illustration of 740 Park Avenue...

Harry Macklowe
06/01/16
Real estate developer Harry Macklowe is leaving his wife Linda for a new girlfriend, according to a report. Tags: Harry Macklowe ...

05/27/16
...JBG announce merger 5. First a fire, now a naked building: 740 Park Avenue to shed facade for repairs...

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05/26/16
...An artistic interpretation of the broken facade at 740 Park Avenue One of the most exclusive addresses in New York City...

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05/13/16
Finance guru David Ganek wants to sell his West Village pad amid a legal battle with the feds over what he claims was an improper...

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04/18/16
...From top left: 432 Park Avenue (Credit: Douglas Elliman), 740 Park Avenue (Credit: Corcoran Group), 15 Union Square West, Unit 27/7B (Credit: Town...

Liz Swig, Kent Swig== The American Friends of the Israel Museum 40th Anniversary Gala== Cipriani 42nd St., New York== November 6, 2005== ©Patrick McMullan== Photo-Jimi Celeste/PMc==
04/15/16
...Kent and Liz Swig and their former 740 Park Avenue apartment Crack open the champagne! Liz Swig has finally found...

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02/25/16
If an owner at 150 Charles Street is looking for a savvy salesperson to sell her apartment, she won’t even need to leave the building....

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11/20/15
More drama in the lives of the well-heeled. Shoe mogul Steve Madden’s ex-wife Wendy has forked over $9.5 million for her ex’s share of their...

Swigs
11/20/15
...740 Park Avenue on the Upper East Side and Elizabeth and Kent Swig...

11/12/15
...740 Park Avenue on the Upper East Side and Elizabeth and Kent Swig...

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10/22/15
The Chinese buyer who paid nearly $70 million in March for a penthouse at the Sherry-Netherland is now looking to make a quick and hefty...

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07/23/15
Fueled by a steady diet of eight-figure deals, Kyle Blackmon has enjoyed a reputation as one of the city’s elite luxury brokers for years. The...

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06/13/15
...From Luxury Listings NYC: In an elegant handwritten letter on 740 Park Avenue stationary, a “concerned housekeeper” made us aware that our table...

Harry Macklowe
05/26/15
UPDATED, 5:00 p.m., May 26: Macklowe Properties has sold the penthouse at its 737 Park Avenue condominium project for $32 million – the second priciest penthouse...

Zibby-and-Andrew-Right 775 Park AveFB
05/06/15
...Elizabeth (Zibby) Right, the daughter of Blackstone Group founder and 740 Park Avenue resident Stephen Schwarzman, has bought a triplex penthouse on Park...

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03/28/15
...City’s most exclusive addresses – like 15 Central Park West and 740 Park Avenue. This week, he appeared on Russia Today to discuss 15 Central...

Len Blavatnik 834 Fifth Avenue
03/26/15
Billionaire Len Blavatnik has officially closed on his record-breaking purchase of New York Jets owner Woody Johnson’s co-op in 834 Fifth Avenue, and while the...

740 Park Avenue and Kyle Blackmon
03/20/15
...740 Park Avenue and Kyle Blackmon A 14-room duplex in the prestigious 740 Park...

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03/10/15
A Chinese buyer has purchased a $70 million a co-op at the Sherry Netherland from travel agency co-founder Gilbert Haroche. Tags: co-op, Sherry Netherland ...
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Here’s a fun fact: New York City has more billionaires than any other city on the planet. Last month, Forbes reported that 79 billionaires call...

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Listings go up and listings go down. But done deals don’t lie. This year, The Real Deal’s annual brokerage ranking includes a list of New...

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Last year’s residential market got most of its buzz from developers racing to build luxury condos, but it was eye-popping co-op sales that shattered records...

The $118.5M listing at the Ritz Carlton
This year may not be over yet, but the real estate records are already piling up. The year kicked off with city office asking rents...

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As multi-million dollar condos in new luxury buildings hit the Manhattan market, the brokers locking in those projects are quickly becoming the envy of the...

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Financial news has been bleak as of late, with the credit crisis and the collapse of Bear Stearns rocking the real estate world. Yet while...
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