Daughters of late Madoff associate sell UWS co-op for $13M

Cara and Pamela Mendelow inherited Brentmore apartment from their father in 2006

TRD New York /
May.May 22, 2018 01:56 PM

The Brentmore at 88 Central Park West

The daughters of late Bernie Madoff associate Steven Mendelow sold their Central Park West co-op for $13 million.

Cara and Pamela Mendelow sold the apartment at the Brentmore at 88 Central Park West to a buyer hidden by a trust, property records filed with the city Tuesday show. Neither party could be immediately reached for comment.

Property records show that the sisters’ father transferred control of the unit to them in 2006. Famous owners in the 12-story building include actor Robert DeNiro and photographer Annie Leibovitz.

Steven Mendelow was an accountant who allegedly played an instrumental role in funneling investors to Madoff’s notorious Ponzi scheme. He died in 2016.

More than 13,500 people and entities were listed as Madoff victims when a New York federal bankruptcy court revealed their names in 2009, with a high concentration living on the Upper East Side.

 

Related Articles

arrow_forward_ios
Zillow CEO Rich Barton (Credit: iStock)

Zillow and Opendoor aren’t making much on home-flipping

This week, the State Department of Taxation and Finance issued a new memo that notably made no mention of condos. (Credit: iStock)

Regulators quietly change stance on condos in LLC law

Realogy CEO Ryan Schneider (Credit: iStock)

Realogy’s plan to stop the iBuyers from gaining a foothold in Chicago

Daily Digest Thursday

Worker killed at Lam Group construction site, Uber signs WTC lease: Daily digest

Developers are offering to pay the increased mansion and transfer taxes to give them an edge in a difficult market. (Credit: iStock)

Amid slow sales, developers give buyers a break on mansion taxes

Triplemint’s David Walker and John Scipione with Hoboken, New Jersey (Credit: iStock)

Triplemint expands to New Jersey

Brokerage firms are strategizing ways to make up losses after the cost of application fees was capped at $20. (Credit: iStock)

Brokerages on rental application fee cap: “It hurts”

Alex Rodriguez (Photos by Guerin Blask)

A-Rod is coming for NYC and SoFla real estate

arrow_forward_ios