Macklowe sales exec doubles his money at 15 CPW

TRD New York /
Jun.June 05, 2013 09:00 AM

A top sales executive at Macklowe Properties has had his own little windfall after selling his 15 Central Park West apartment for nearly double what he paid in 2008, the New York Observer reported.

Richard Wallgren, who was sales director of 15 Central Park West while at Brown Harris Stevens, paid $1.8 million for the 1,079-square-foot one-bedroom sponsor unit in April 2008, a hefty discount off the $2.5 million asking price. And now, he sold the apartment to Second 40 Holdings LLC for $3.48 million, according to city records seen by the Observer.

The apartment was not publicly listed, and Wallgren pleaded with the Observer for the sale to remain discreet.

Earlier this week, metal titan Leroy Schecter put his combination condominium at the white-glove apartment building on the rental block for $125,000 per month, after initially trying to sell it for $95 million. [NYO]  – Hiten Samtani


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