Dimon district: JPMorgan chief expands at Park Ave building with $2M co-op buy

TRD New York /
Apr.April 08, 2013 01:15 PM

JPMorgan Chase chief Jamie Dimon has dropped $2.05 million on a ground-floor commercial co-op unit at His Park Avenue building, according to public records filed with the city.

Dimon and his wife have lived in a palatial pad on the 16th floor of 1185 Park Avenue since 2004 and now the mega-banker also owns units #1C and #1D, which had been a doctor’s office.

The documents did not show Dimon’s plans for the 2,577-square-foot maisonette. It can be used for residential or professional use and features eight exterior rooms and four interior rooms, according to an old listing of the property spotted by The Real Deal on Hotpads.com.

The two-unit combination was listed by Prudential Douglas Elliman with an asking price of $2.4 million, according to the brokerage’s website.

Drs. George Ellis and Stephen Marks, the former owners of the property, have disbanded their practice and moved out of the units, according to a recorded message. Neither could be reached for comment.

Dimon, whose bank has been in trouble over bad securities sales, bought his north-facing apartment at the Carnegie Hill building for $4.9 million in the mid-2000s, The Real Deal has reported. The property has a private courtyard for cars to enter.


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