Oprah sells Midtown East condo to hedge fund manager for $7.9M

New York /
Apr.April 05, 2012 02:27 PM

A penthouse apartment at the Place 57 Condominium On East 57th Street owned by talk show diva Oprah Winfrey has sold to London-based hedge fund partner Mark Hillery and his wife Melissa for $7.9 million, sales person Anjollie Feradov of SKNY Real Estate, who represented the buyer, told The Real Deal today.

Hillery, who works for Brevan Howard, Europe’s largest hedge fund manager, “recognized the value that New York real estate represented compared to other world capitals,” Fedarov said. “[They] were looking for a New York home that they felt was a good representation of the excitement of the city.”

The Hillerys are planning a “high-end” makeover to the 36th-floor unit, which features 2,530 square feet of wall-to-ceiling windows and a 768-square-foot terrace. They are going to “open up some of the spaces and take advantage of the magnificent views,” Fedarov said.

Oprah purchased the penthouse in January 2008 for $7.1 million under the name Sophie’s Penthouse LLC, which reportedly referred to her late cocker spaniel. It is currently vacant. Oprah spends most of her time at her 42-acre estate in Montecito, Calif., according to news reports.

Mark Schoenfeld, senior vice president at the Corcoran Group, had the listing. He declined to comment on the deal.

A spokesperson for Oprah could not immediately be reached for comment.


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Kei Komuro and Princess Mako (Getty)
Beauty and the lease: ex-Japanese royal moves to Hell’s Kitchen one-bedroom
Beauty and the lease: ex-Japanese royal moves to Hell’s Kitchen one-bedroom
U.S. Senator Dianne Feinstein and the Lake Tahoe property (Getty, Realtor.com via Katrine Watson)
Dianne Feinstein finds buyer for Lake Tahoe compound after $10M price chop
Dianne Feinstein finds buyer for Lake Tahoe compound after $10M price chop
Let it be sold: George Harrison’s childhood home in Liverpool heads for auction
Let it be sold: George Harrison’s childhood home in Liverpool heads for auction
Let it be sold: George Harrison’s childhood home in Liverpool heads for auction
Jeff Gordon and the Boca Raton home (Getty, Realtor.com via Premier Estate Properties)
Jeff Gordon’s former Boca Raton mansion lists for $42M
Jeff Gordon’s former Boca Raton mansion lists for $42M
D’oh! Realtors list home from “The Simpsons”
D’oh! Realtors list home from “The Simpsons”
D’oh! Realtors list home from “The Simpsons”
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...