He sold enough toothpaste to buy this tony Carnegie Hill pad

Former Colgate CEO grabs a Carnegie Hill co-op for $10M

TRD New York /
Dec.December 02, 2019 09:52 AM
From left: Colgate chairman Ian Cook and 1115 Fifth Avenue and 912 Fifth Avenue (Credit: Cuny, StreetEasy)

From left: Colgate chairman Ian Cook and 1115 Fifth Avenue and 912 Fifth Avenue (Credit: Cuny, StreetEasy)

Vornado Realty Trust’s 220 Central Park South has seen a string of luxury condo closings of late. But here are some other top residential sales in the city.

Source: A TRD analysis of property records filed with the New York City Department of Finance from Nov. 20 to Nov. 30.

Steve Witkoff and 111 Murray Street (Credit: Getty Images)

Steve Witkoff and 111 Murray Street (Credit: Getty Images)

1. Three limited liability companies, all linked to the Witkoff Organization, bought three sponsor units at the developer’s own project, 111 Murray Street in Tribeca. Two of the condominiums are on the 38th floor and one is on the 26th. The combined price tag was about $12.5 million. New Valley and Fisher Brothers are Witkoff’s partners at the 64-story tower.

2. Ian Cook, who stepped down as CEO of Colgate-Palmolive and became its executive chairman earlier this year, and his wife Patricia Cook bought a co-op for $9.5 million, or roughly $2,474 per square foot, at 1115 Fifth Avenue in Carnegie Hill. The sellers were Thomas and Judith Iovino, who had just bought another unit in the property over the summer for $7.75 million. Thomas Iovino founded construction firm Judlau Contracting. The Cooks’ purchase measures almost 3,840 square feet and hit the market in September 2018, asking $13.45 million, according to StreetEasy. The Corcoran Group’s Elyse and Stephen Gutman represented the sellers. The buyers’ broker was Brown Harris Stevens’ Jaye Roter.

3. Film producer Edward Pressman and actress Annie McEnroe sold their penthouse at 21 East 90th Street in Carnegie Hill for $9.15 million. They had owned the units for decades. The buyer was listed as Farrah Ebrahimi. Brown Harris Stevens’ Wendy Sarasohn was the listing agent. The property, which has a wrap-around terrace and private elevator landing, went on the market in April at an initial price of $12.5 million, according to StreetEasy.

4. Ron Peltier, executive chairman of HomeServices of America, picked up a co-op at 912 Fifth Avenue for $3.3 million. The seller was an estate. The three-bedroom home spans 2,700 square feet, pricing the deal at about $1,222 per square foot. The home was listed in March 2018 for $4.9 million, according to StreetEasy. Douglas Elliman’s Mary Latimer-Chung had the listing. Peltier is the founder of HomeServices of America, a subsidiary of Berkshire Hathaway and one of the largest residential brokerages in the country.


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