Dakota apartment in contract for $11M, after several price chops

The apartment at the Dakota (Image c/o StreetEasy)
The apartment at the Dakota (Image c/o StreetEasy)

A three-bedroom unit at Central Park West’s famously stodgy Dakota has gone into contract, after several price slashes, for $11 million, a far cry from its pre-recession listing price of $19.5 million, Curbed reported. 

The 3,600-square-foot, three-bedroom, three-bathroom apartment boasts 12-foot ceilings and intricate woodwork throughout. It also has a formal dining room and a library.

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In 2011, the apartment was dubbed “the priciest 3-bedroom in the Dakota,” when it listed for $15 million. The building has been the scene of a notorious discrimination lawsuit, which was recently withdrawn.

In the wake of that suit, residents have become squeamish about serving on co-op and condo boards due to fear of personal liability, as The Real Deal previously reported.  [Curbed]  –Hiten Samtani