Mexican media baron buys $16.5M UES co-op

Alfonso de Angoitia, the director and executive vice-president of Grupo Televisa S.A.B., the largest media company in the Spanish-speaking world, has paid $16.5 million for a co-op in 1030 Fifth Avenue, the New York Observer reported.

De Angoitia and his wife, Maria de la Concepcion de Angoitia Legoretta, paid full ask for the 10-room corner apartment, in a deal brokered by Serena Boardman of Sotheby’s International Realty. It overlooks the Metropolitan Museum of Art and Central Park, and contains aluminum windows that were the subject of a lawsuit in the early 1990s.

Located on the corner of 84th Street, 1030 Fifth Avenue has seen many trades in the past year. As The Real Deal previously reported, tech mogul George Blumenthal sold a 6,500-square-foot six-bedroom co-op in the same building for $31.5 million in April. And in June, Thomas and Diana Smith paid $15.5 million for the four-bedroom unit right above BRIEFLY ID Noreiga’s. [Observer]– Hiten Samtani