UES co-op board rejects Astor duplex buyer

TRD New York /
Apr.April 20, 2011 01:47 PM

Brooke Astor and her 778 Park Avenue duplexThe buyer trying to scoop up Brooke Astor’s 778 Park Avenue duplex for a massively discounted $19.9 million, has been rejected by the building’s co-op board — twice. Sources told the Observer that the buyer, reportedly Swiss investment manager Daniel Forcart, is nonetheless coming back for more, hoping to convince the Upper East Side gatekeepers to let him move in. But brokers said a change of heart seems unlikely for one of the city’s most exclusive co-op boards, rumored to have turned down a different buyer for the 14-room spread in the fall. The apartment, originally listed for $46 million, is notorious as the place where Astor’s son, Anthony Marshall, allegedly confined her as he attempted to pilfer her fortune. Astor passed away in 2007, and Marshall, who is appealing a 2009 court decision that convicted him of stealing millions from his mother, was said to be willing to sell the home for a steep discount in order to pay his legal fees. [NYO]


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