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Edward Minskoff lists Park Avenue co-op
Real estate investor asking $18M at 730 Park
![730 Park Avenue in Manhattan NYC and Edward J. Minskoff Equities chairman Edward Minskoff (Google Maps, EJM Equities)](https://static.therealdeal.com/wp-content/uploads/2022/05/Main_ejm.jpg)
Edward Minskoff admires one of his developments so much that he plans to move there, putting his Lenox Hill co-op in the rearview mirror.
The Edward J. Minskoff Equities chairman listed his unit at 730 Park Avenue for $17.7 million, the Wall Street Journal reported. Minskoff said he purchased the unit in the 1980s for $210,000.
Listing pictures for the unit in the pre-war building show a large array of art from the avid collector, including pieces from Pablo Picasso and Andy Warhol. The impressive collection is not included in the sale.
Instead, the buyer will get a four-bedroom, four and a half bathroom apartment, accessible via a private elevator vestibule. The unit has a larger corner living room with a wood-burning fireplace, a 20-seat formal dining room and a wood-paneled library. There are also views of Central Park.
Building amenities include a fitness room, private storage bins and a live-in resident manager.
Madeline Hult Elghanayan of Douglas Elliman is co-listing the apartment with Burt Savitsky of Brown Harris Stevens. Elghanayan told the Journal that the building’s board requires buyers to pay in all cash.
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![Jennifer Lawrence and 17 Jane Street with Edward Minskoff (Getty; Sciame Construction)](https://static.therealdeal.com/wp-content/uploads/2020/10/ft-jennifer-lawrence-minskoff-condo-250x179.jpg)
![Renderings of 17 Jane Street and Edward J. Minskoff (Renderings via Kristen Krajewski; Minksoff by Patrick McMullan/Patrick McMullan via Getty Images)](https://static.therealdeal.com/wp-content/uploads/2020/07/ft-minkoff-west-village-project-200x200.jpg)
Minskoff’s exit from the building will likely be a smoother departure than a couple that landed the Park Avenue property in the news shortly after the onset of the pandemic.
Lady Eva-Marie Houstoun-Boswall and Sir Alford Houstoun-Boswal, whose family has been part of the British aristocracy for generations, filed a lawsuit in May 2020 that claimed the pandemic made it impossible to move in and demanding their $535,000 deposit back.
Minskoff said he’s selling his long-time pad because he and his wife are going to move to a duplex penthouse his firm developed in the West Village, presumably 17 Jane Street. The development’s first buyer was revealed in 2020 as actress Jennifer Lawrence, who closed on a duplex for $21.9 million.
Edward J. Minskoff Equities was founded in 1987. Its major developments include 51 Astor Place and 101 Avenue of the Americas.
[WSJ] — Holden Walter-Warner