The top NYC residential sales of 2014 reached a new bar: All topped $30 million

25 transactions surpassed the lofty threshold

The priciest closed sale of the year was hedge-funder Israel Englander’s (left) purchase of the former French Ambassador’s residence at 740 Park Avenue for $71.2 million, the most ever paid for a NYC co-op. Broker Serena Boardman of Sotheby’s handled the listing.
The priciest closed sale of the year was hedge-funder Israel Englander’s (left) purchase of the former French Ambassador’s residence at 740 Park Avenue for $71.2 million, the most ever paid for a NYC co-op. Broker Serena Boardman of Sotheby’s handled the listing.

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From the January issue: Last year’s residential market got most of its buzz from developers racing to build luxury condos, but it was eye-popping co-op sales that shattered records in 2014. [more]