New York

“Reaganomics” architect buys Yorkville condo for $15M

David Stockman purchases pad from real estate developer Alexandre Bosoni

From left: David Stockman in the 1980s, the penthouse at <a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/170-East-End-Avenue-New-York-NY-10128/1015847501-0" target="_blank" data-address="170%20East%20End%20Avenue%2C%20New%20York" data-label="170%20East%20End%20Avenue" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F170-East-End-Avenue-New-York-NY-10128%2F1015847501-0" data-bbl="1015847501" data-blockValue="01584" data-lotValue="7501" data-zipcode="10128" data-bldgArea="280%2C670" data-bldgDepth="146" data-bldgFront="202" data-landUse="Mixed%20resi%20%26%20comm%20buildings" data-lotArea="29%2C407" data-lotFront="201.42" data-lotDepth="146" data-retailArea="0" data-resArea="246%2C758" data-officeArea="1%2C976" data-garageArea="29%2C596" data-strgeArea="0" data-factryArea="0" data-otherArea="0" data-bldgClass="R0" data-primaryZoning="R10A" data-commercialOverlay="" data-far="10" data-buildable="294%2C070" data-airRights="13%2C527" data-propertyNeighborhood="Yorkville" data-latitude="40.7760860943545" data-longitude="-73.9444319381846" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F170-East-End-Avenue-New-York-NY-10128%5C%2F1015847501-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F170-East-End-Avenue-New-York-NY-10128%5C%2F1015847501-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">170 East End Avenue</a> and President Ronald Reagan

From left: David Stockman in the 1980s, the penthouse at 170 East End Avenue and President Ronald Reagan

David Stockman, a former U.S. politician who was President Ronald Reagan’s first budget director, and his wife Jennifer Stockman, the president of the Guggenheim Foundation, have paid $14.85 million for a penthouse in Yorkville, according to property records filed with the city today.

The power couple paid slightly above the most recent $14.8 million asking price for the 4,902-square-foot, five-bedroom, six-bathroom penthouse at 170 East End Avenue. The seller was real estate developer Alexandre Bosoni, who paid $11.8 million for the home in 2009 but put it back on the market for $15.8 million in 2011.

The apartment boasts 11.5-foot ceilings, a marble powder room and a formal dining room with a wood-burning fireplace and a balcony, according to a listing with the Corcoran Group husband-and-wife team of Bruce and Andrea Lucas. The building features a Pilates room, a squash court and even a movie theater.

Stockman is a pioneer of “Reaganomics,” the supply-side economic policies aggressively promoted by the Reagan administration during the 1980s. He is also the author of the hit book “The Great Deformation: The Corruption of Capitalism in America” and is a prominent critic of the Federal Reserve’s interest-rate policies. His wife Jennifer is the former chairwoman of the Republican Majority for Choice, a pro-choice group.

Representatives for the Stockmans and the Corcoran Group couldn’t immediately be reached for comment.

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New York

“Reaganomics” architect buys Yorkville condo for $15M

David Stockman purchases pad from real estate developer Alexandre Bosoni

From left: David Stockman in the 1980s, the penthouse at <a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/170-East-End-Avenue-New-York-NY-10128/1015847501-0" target="_blank" data-address="170%20East%20End%20Avenue%2C%20New%20York" data-label="170%20East%20End%20Avenue" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F170-East-End-Avenue-New-York-NY-10128%2F1015847501-0" data-bbl="1015847501" data-blockValue="01584" data-lotValue="7501" data-zipcode="10128" data-bldgArea="280%2C670" data-bldgDepth="146" data-bldgFront="202" data-landUse="Mixed%20resi%20%26%20comm%20buildings" data-lotArea="29%2C407" data-lotFront="201.42" data-lotDepth="146" data-retailArea="0" data-resArea="246%2C758" data-officeArea="1%2C976" data-garageArea="29%2C596" data-strgeArea="0" data-factryArea="0" data-otherArea="0" data-bldgClass="R0" data-primaryZoning="R10A" data-commercialOverlay="" data-far="10" data-buildable="294%2C070" data-airRights="13%2C527" data-propertyNeighborhood="Yorkville" data-latitude="40.7760860943545" data-longitude="-73.9444319381846" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F170-East-End-Avenue-New-York-NY-10128%5C%2F1015847501-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F170-East-End-Avenue-New-York-NY-10128%5C%2F1015847501-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">170 East End Avenue</a> and President Ronald Reagan

From left: David Stockman in the 1980s, the penthouse at 170 East End Avenue and President Ronald Reagan

David Stockman, a former U.S. politician who was President Ronald Reagan’s first budget director, and his wife Jennifer Stockman, the president of the Guggenheim Foundation, have paid $14.85 million for a penthouse in Yorkville, according to property records filed with the city today.

The power couple paid slightly above the most recent $14.8 million asking price for the 4,902-square-foot, five-bedroom, six-bathroom penthouse at 170 East End Avenue. The seller was real estate developer Alexandre Bosoni, who paid $11.8 million for the home in 2009 but put it back on the market for $15.8 million in 2011.

The apartment boasts 11.5-foot ceilings, a marble powder room and a formal dining room with a wood-burning fireplace and a balcony, according to a listing with the Corcoran Group husband-and-wife team of Bruce and Andrea Lucas. The building features a Pilates room, a squash court and even a movie theater.

Stockman is a pioneer of “Reaganomics,” the supply-side economic policies aggressively promoted by the Reagan administration during the 1980s. He is also the author of the hit book “The Great Deformation: The Corruption of Capitalism in America” and is a prominent critic of the Federal Reserve’s interest-rate policies. His wife Jennifer is the former chairwoman of the Republican Majority for Choice, a pro-choice group.

Representatives for the Stockmans and the Corcoran Group couldn’t immediately be reached for comment.

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