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The New York Times

Big Ticket: River and Park Vistas for $15.5 Million

By: Vivian Marino
Published: 3/6/2016Source: The New York Times

A full-floor aerie on the 30th floor of the Heritage at Trump Place on the Upper West Side, with ample outdoor space and far-reaching river, park and cityscape vistas, sold for $15,500,000 and was the most expensive closed sale of the week, according to city records.

The 4,673-square-foot apartment, PH-Suite 1, at 240 Riverside Boulevard, is one of two penthouse suites in the 31-story condominium, which is part of the 75-acre Trump Place-Riverside South development that extends from 72nd Street to 59th Street and borders the Hudson River.

The unit had been on the market since October 2014, when it was initially listed for $17.5 million, according to StreetEasy.com; the most recent asking price was $16.5 million. Monthly carrying charges total $16,179.

The sprawling home has four bedrooms and four and a half baths, as well as dining and living rooms, a library and a newly renovated chef’s kitchen. There are two 31-by-7-foot terraces — one off the living room and another reached through a large reception hall — that provide stunning panoramic views of Riverside Park, the Hudson and city landscape.

The large master suite, which has views stretching from Riverside Park to the George Washington Bridge to Central Park, has a dressing room and an en-suite double bathroom with a whirlpool tub. The three other bedrooms have en-suite baths as well.

Two separate storage units were also included in the sale.

The buyer was identified in city records as Azimuth International Holdings. Michelle King of the Corcoran Group represented the seller, identified as Joel Vaturi.

The week’s runner-up, at $13,000,000, according to city records, was a four-bedroom four-and-a-half-bath apartment in a J. E. R. Carpenter-designed co-op building on the Upper East Side.

The unit, No. 6A, at 625 Park Avenue near 65th Street, also listed with Corcoran, carries $13,154 in monthly maintenance. It sold for $500,000 below its most recent asking price, according to StreetEasy.

The apartment offers many prewar flourishes: soaring ceilings, decorative moldings and an ornate coffered ceiling in the formal dining room.

There is an elevator landing that opens to a central gallery flanked by the living room, library and dining room, each with a fireplace. The corner master bedroom suite also has a fireplace, as well as a sitting room, dressing room and en-suite bath.

The buyer was Kurt Simon, the global chairman of mergers and acquisitions at JPMorgan Chase, and his wife, Katherine Simon; they were represented by Jaclyn Boulan of Stribling & Associates. The seller, a trust linked to Sy Syms, a pioneer discount retailer who died in 2009, was represented by Sharon Baum and David Enloe of Corcoran.

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

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