Sandy Weill maid’s quarters at 15 CPW up for sale — at $5.6M

Ex-Citigroup chair asking six times what he paid for the unit in 2007

New York /
Feb.February 12, 2014 02:10 PM

Former Citigroup chairman Sandy Weill is out to top his $88 million payday from the sale of his 15 Central Park West penthouse. He is now unloading his maid’s quarters in the posh building for more than six times what he paid in 2007.

Weill slashed the $6.25 million ask for the property, which originally hit the market in January, to $5.65 million two weeks later. But that’s still well beyond the $980,000 he paid back in October of 2007 for the 1,079-square-foot pad. It’s also more than the $5.2 million a similar unit two floors up, which is slightly smaller and with no terrace, sold for in May.

“Just think of how well ‘yeah, I spent $6 million to live in somebody’s old maids’ quarters’ is going to go over at the cocktail party,” one broker quipped to the New York Daily News.

Still, the pad boasts a 111-square-foot terrace, a bedroom suite situated off the main vestibule, a marble bathroom and chef’s kitchen with top-of-the line appliances, according to the listing, which is in the hands of Brown Harris Stevens’ Kyle Blackmon. A spokesperson for the brokerage declined to comment to TRD on the listing.

The taker will have plenty of high-profile neighbors, including Sting, Denzel Washington, Lloyd Blankfein and Russian oligarch Dmitry Rybolovlev, who picked up Weill’s pricey penthouse for his daughter. [NYDN, 2nd item]Julie Strickland


Related Articles

arrow_forward_ios
Piofrancesco Borghetti with 15 Central Park West (Getty)
Convicted cosmetics mogul relists 15 CPW pad with another price cut
Convicted cosmetics mogul relists 15 CPW pad with another price cut
15 Central Park West and 37 Warren Street (Google Maps, Compass)
15 Central Park West notches another turn atop Manhattan’s luxury contracts
15 Central Park West notches another turn atop Manhattan’s luxury contracts
1165 Madison Avenue (Google Maps, iStock)
February wrapped Manhattan luxury market’s record-breaking start to 2022
February wrapped Manhattan luxury market’s record-breaking start to 2022
TV producer Norman Lear (Streeteasy, Getty Images)
Good times: Norman Lear sells 15 CPW unit for $17.5M
Good times: Norman Lear sells 15 CPW unit for $17.5M
2 East 88th Street, 220 Central Park South, Central Park Tower & 15 Central Park West (Wikipedia, Central Park Tower, City Realty, iStock, Illustration by Kevin Cifuentes for The Real Deal)
In a banner year for NYC’s luxury market, these 10 priciest sales led the way
In a banner year for NYC’s luxury market, these 10 priciest sales led the way
Sheikh Sultan A. Al Qasimi and 15 Central Park West (Google Maps)
Tax lien triggers foreclosure filing on sheikh’s 15 CPW unit
Tax lien triggers foreclosure filing on sheikh’s 15 CPW unit
From left: 220 Park Avenue South, 15 Central Park West, 520 Park Avenue, 35 Hudson Yards, Sting, Juan Beckmann Vidal, Daniel Och, Bob Diamond, and Stephen Ross (Credit: Getty Images, Wikipedia, StreeEasy, and Google Maps)
Serial buyers trade “old” condos for new on Billionaires’ Row
Serial buyers trade “old” condos for new on Billionaires’ Row
Sam Chang and 40 West 45th Street (Credit: Google Maps and iStock)
Sam Chang can now purchase 160 elite racing pigeons
Sam Chang can now purchase 160 elite racing pigeons
arrow_forward_ios

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

Loading...