The Real Deal New York

Former Barclays Bank exec sells Stanhope pad

Fifth-floor home trades hands at a $418,000 loss
By Zachary Kussin | March 12, 2014 06:10PM

From Luxury Listings NYC: Former Barclays Bank chief operating officer Jerry del Missier — the Canadian native who was entangled in the Libor scandal that cost the bank over $450 million in settlement payments — has sold his pied-a-terre apartment inside the former Stanhope Hotel at a slight loss, according to records filed with the city this afternoon. The 4,118-square-foot space traded hands for roughly $12.4 million — approximately $418,000 less than what he paid for it in 2008. [more]