The Real Deal New York

Barbara Corcoran picks up $10M penthouse

Corcoran Group founder buys 11-room duplex at 1158 Fifth Avenue
April 09, 2015 02:15PM

Barbara Corcoran and her husband William Higgins have purchased an 11-room penthouse duplex co-op on the Upper East Side for $10 million.

The Corcoran Group founder, who sold the company that bears her name in 2001, and Higgins, a former FBI agent, bought the penthouse at 1158 Fifth Avenue from interior and landscape designer Pamela Scurry and her husband Richard.

The co-op hit the market in late 2013 at an asking price of $14.5 million before undergoing several price chops, according to the New York Post.

The duplex features a landscaped terrace, solarium and conservatory. The listings brokers were Sotheby International Realty’s Nikki Field and Patricia Wheatley.

Corcoran’s previous purchases include a $4 million condo on the Upper East Side and a $1.46 million Bedford-Stuyvesant townhouse. In 2011, the “Shark Tank” star gave The Real Deal a tour of the three-bedroom Upper East Side apartment that she bought for $3.5 million in 2000. [NYP] – Rey Mashayekhi