January 24, 2019

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New Robert A.M. Stern Condo on Park Avenue Sells for Nearly $74 Million

New Robert A.M. Stern Condo on Park Avenue Sells for Nearly $74 Million
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Several other notable transactions took place in the month of November.

Keith Richards, the Rolling Stones guitarist, finally sold his Greenwich Village duplex penthouse, while Paul Waaktaar-Savoy, a guitarist in the Norwegian pop band A-ha, parted with his SoHo home. The closing price for each was $9 million.

Adriana Lima, the Brazilian model and actress, sold her Midtown apartment. Louise McNamee, the first woman named a partner in a major advertising agency, sold the Greenwich Village townhouse she owned with her husband, Peter McHugh, who briefly ran Pan American World Airways after its bankruptcy. And the billionaire hedge-fund manager William A. Ackman, a major player in Manhattan’s luxury market, continued to replenish his real estate holdings after deeding several properties to his former wife in an apparent property settlement. He bought a compound of four penthouses at an Upper West Side co-op building.

The two penthouses that sold at 520 Park, units PH60 and PH52, each have 9,138 square feet of interior space, with six bedrooms and seven and a half baths, according to the offering plan. They also have high ceilings, white-oak floors, a private elevator bank, and 279 square feet of outdoor space with panoramic cityscape and Central Park views.

The buyer of PH60 was James Dyson, the billionaire founder of the British home electronics maker Dyson, which has a new flagship store in Manhattan just a few blocks away on Fifth Avenue. Mr. Dyson made his purchase using a limited liability company; the other purchases were also through a limited liability partnership or company.

The three smaller apartments at 520 Park were similarly configured on a full floor. Each has 4,628 square feet of space, with four bedrooms and five baths, as well as a spacious living room, formal dining room and family room. These units also have park and city views.



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