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The New York Times

Big Ticket: Central Park West Co-op Sold for $35.3 Million

By: Vivian Marino
Published: 2/7/2016Source: The New York Times

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One of the founders of the behemoth asset management company BlackRock sold his fully renovated apartment at the white-glove co-op 101 Central Park West for $35,336,000, a transaction that was the most expensive sale of the week, according to city records.

Keith Anderson, along with seven others, started BlackRock in 1988 and also once served as the chief investment officer for the hedge fund billionaire George Soros. He and his wife, Peggy Anderson, initially wanted $42 million for their co-op unit, No. 9BC, when they placed it on the market in early 2015. With no takers, they lowered the asking price to $38 million last fall.

The couple had purchased the apartment for $12.21 million in November 2003, according to CityRealty, and spent the next several years on renovations and upgrades with the help of the architectural firm Shelton, Mindel & Associates. Among the many new flourishes are custom doors and millwork throughout, as well as a Crestron system to manage sound, lighting, shades and air-conditioning and heat.

The 14-room residence, with monthly maintenance totaling $14,057, is midway up the 18-story limestone-and-brick building between 70th and 71st Streets, designed by Schwartz & Gross and completed around 1930.

There are five bedrooms (not counting two maid’s rooms) and five and a half baths, along with living and dining rooms, an eat-in kitchen, a library and a playroom. The living room and the library have wood-burning fireplaces. The enormous master suite, in the apartment’s northern wing, features a planting terrace, a 13-by-9-foot dressing room and two walk-in closets.

But the highlight of the residence is the views: 100 feet of frontage overlooking Central Park across the living, dining and library areas.

Serena Boardman and Randall Gianopulos of Sotheby’s International Realty were the listing brokers, while Alexa Lambert of Stribling & Associates represented the buyer, whose identity was shielded by the limited liability company 101 CPW-9B. (The exclusive co-op allows sales through trusts on a case-by-case basis.)

The week’s runner-up, at $16 million, according to property records, was a distinctive Federal-style brick townhouse with two front entrances at 46 East 81st Street, between Madison and Park Avenues.

The five-story, 20-foot-wide building, which was meticulously restored, has seven bedrooms and six and a half baths, along with a formal dining room with a wood-burning fireplace and French doors, and a paneled library that overlooks a paved formal garden in the rear. There are also three planting terraces off the living room.

The home’s main entrance features a double vestibule that opens onto a foyer with an elegant sweeping staircase. Monthly property taxes are $4,767, according to StreetEasy.com.

Leighton Candler and Jennifer Reardon of the Corcoran Group represented the sellers, Peter and Diane Horan; Claire Groome of Warburg Realty represented the buyer, NYC Townhouse LLC.

Copyright © 2016 The New York Times Company. Reprinted with Permission.

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