Barbara Corcoran pays $4M for UES condo

TRD New York /
Aug.August 04, 2008 04:59 PM

Barbara Corcoran, the founder of The Corcoran Group, and her husband bought the upper floor condo in a converted townhouse on the Upper East Side for $4 million.

Corcoran and her husband William Higgins bought the unit at 163 East 71st Street in Lenox Hill from the building’s owner, Joseph Frantin. The couple has an apartment at 1192 Park Avenue and 94th Street.

The four-bedroom 71st Street unit occupies the second through fifth floors, with a total of 2,710 square feet, and also includes a hardwood roof deck. The apartment is advertised for $20,000 per month on the Web site of Corcoran’s old firm.

The apartment went into contract January 31 and closed on April 7, according to property records posted today.

The building, named the Ataraxia, was converted from a single-family home to a two unit condominium earlier this year.

Corcoran is a real estate columnist for the Daily News and a consultant for television programs such as NBC’s Today Show. She founded the brokerage firm The Corcoran Group in 1973 and sold it in 2001 for $70 million. She is also the author of the business books “If You Don’t Have Big Breasts, Put Ribbons on Your Pigtails” and “Nextville.”

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