Have You Heard: 625 Park Avenue Sale

KURT SIMON, the global chairman of mergers and acquisitions at JPMorgan Chase, and his wife, Katherine, have closed on the $13 million purchase a 12-room home at 625 Park Avenue.

The sixth floor apartment has a private elevator and gallery foyer, a living room, library, and formal dining room, each with a fireplace.

The master bedroom, also with a fireplace, has sitting room, dressing room and master bath.

There is a "colossal" kitchen, breakfast room, two butler's pantries, laundry room and a staff room.

Jaclyn Boulan of Stribling & Associates repped the buyers, who join such notable residents as oil magnate Leon Hess and Junk bond billionaire Ira Rennert

Sharon Baum and David Enloe of Corcoran, repped the seller, a trust linked to retail pioneer, Sy Sym. The asking price was $16.5 million.