Steven Mnuchin’s $26M home finally finds a buyer
Ex-treasury secretary cut Park Avenue co-op’s price several times
After more than two years and a few price chops, Steven Mnuchin’s luxury co-op has finally found a buyer, the New York Post reported.
The 6,500-square-foot apartment had been in his family for decades. He bought it from his aunt, Carol Lederman, for nearly $11 million in 2000.
But the longer it sat on the market, the more the price came down: In January 2019, he trimmed the price to nearly $30 million and then to about $28 million that September.
Mnuchin’s 12-room duplex includes five bedrooms and 11-foot ceilings. Lederman and her daughter Judy Kloner, both brokers at Warburg Realty, are handling the listing.
The building is home to some of the wealthiest people in New York City, including Blackstone Group CEO Stephen Schwarzman and hedge funder Israel Englander.
[NYP] — Cordilia James