The Real Deal New York

Geffen pays $14.7M for Park Cinq pad

February 26, 2010 09:07AM

Film and record producer David Geffen has a new spot at the Park Cinq, the 785 Fifth Avenue building with Central Park views and a limestone façade. The Brooklyn native paid $14.17 million for the 17th-floor co-op, which is 5,000 square feet in size and had belonged to former Warner Brothers Entertainment chairman Robert Daly. The apartment reportedly changed hands without the help of a broker. Geffen, who is co-founder of Dreamworks SKG, used to own a penthouse apartment nearby at 810 Fifth Avenue. He bought the co-op for $31.5 million in 2006 and flipped it for $37.5 million a year later. [NYT]


One Response to “Geffen pays $14.7M for Park Cinq pad

  1. May 08, 2018 at 7:50 pm, David Geffen quietly sells 785 Fifth pad to Roman Abramovich’s BFF for $25M | Juspost Blog said:

    […] Eugene Shvidler for $24.5 million, according to the deed, which hit records on Tuesday. Geffen bought the 5,000-square-foot unit in 2010 for $14.17 […]