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Pieced-together Carnegie Hill pad sells for $15M

1080 Fifth Avenue
1080 Fifth Avenue

Dewey Shay, the CEO of Unison Site Management, which deals in wireless cell tower leases, picked up a combination unit at 1080 Fifth Avenue for a cool $15 million, landing one of many such enlarged apartments in the vista-rich building.

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The 21-story building, built in 1961, originally boasted over 70 units. But the total on offer has since been whittled down to 45, as buyers link up smaller pads to expand their square footage.

Blue-chip investment manager Jonathan Ledecky, who sold the roomy pad to Shay, gradually pieced it together, purchasing the last chunk of the building’s ninth floor in 2010 for $1.85 million. The home was not listed publicly. [NYO]Julie Strickland

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