Sunday, July 27, 2008
From the Times:
THE Manhattan co-op market has just set a sales record, according to brokers briefed on the sale.
Jonathan Tisch, the chairman and chief executive of Loews Hotels, closed this month on the purchase of a sprawling 14-room co-op facing Central Park, for $48 million, the brokers said. The apartment is on the 11th floor at 2 East 67th Street, one of the monuments to luxury living designed by Rosario Candela in the 1920s.
Wow. Just $8 million more than what the Yankees gave Carl Pavano.