Garmin co-founder Min Kao lists 15 CPW penthouse for $55M

PH previously belonged to developer Will Zeckendorf

New York /
Mar.March 18, 2019 03:55 PM

Min Kao, who purchased the 41st-floor condo from developer William Lie Zeckendorf, has listed the unit for $55 million.

The co-founder of GPS maker Garmin is moving — on from his penthouse at 15 Central Park West, that is.

Min Kao, who purchased the 41st-floor condo from developer William Lie Zeckendorf, has listed the unit for $55 million. Records show he paid $40 million for the 4,000-square-foot spread in 2011. At the time, the purchase price worked out to a record $10,000 per square foot.

Zeckendorf — who developed the “limestone Jesus” with his brother, Arthur — snagged the unit for the deeply discounted price of $10.84 million in 2008. He later paid $29.1 million for a co-op at 927 Fifth Avenue.

The three-bedroom has 13-foot ceilings and a 13-foot by 11-foot terrace. The asking price works out to $13,667 per foot, according to a listing provided by Douglas Elliman’s Noble Black.


Related Articles

arrow_forward_ios
Quarters CEO Rui Barros (Linkedin)

Quarters, the “WeWork of co-living,” files for bankruptcy

Quarters, the “WeWork of co-living,” files for bankruptcy
Joan Collins and 110 East 57th Street #8EFG (Getty, BHS)

Soap star Joan Collins lists longtime Midtown pied-à-terre

Soap star Joan Collins lists longtime Midtown pied-à-terre
Tommy Hilfiger and his recently sold estate in Greenwich, CT. (Getty, Janet Milligan)

Tommy Hilfiger’s Greenwich estate sells for $45M

Tommy Hilfiger’s Greenwich estate sells for $45M
Jenna Ryan was part of a group who flew on a private plane from Denton, TX, to Washington, D.C., with the intention of joining the protestors (Twitter.com/DotJenna)

Texas Realtor faces criminal charges for role in Capitol attack

Texas Realtor faces criminal charges for role in Capitol attack
Porch CEO Matt Ehrlichman (iStock)

Porch snaps up four startups for over $122M

Porch snaps up four startups for over $122M
Nir Meir Asks Court to Stop Eviction (Google Maps)

Nir Meir seeks to throw out Hamptons ejection suit

Nir Meir seeks to throw out Hamptons ejection suit
Robert Frank with 1021 Park Avenue and Ben Lambert with 28 Laight Street (Getty, Google Maps)

Who’s buying and selling Manhattan homes? Last month’s notable deals

Who’s buying and selling Manhattan homes? Last month’s notable deals
New Yorkers signed leases in record numbers last month. (Getty)

Manhattan, Brooklyn rental leasing hit 12-year high in December

Manhattan, Brooklyn rental leasing hit 12-year high in December
arrow_forward_ios

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

Loading...