Sandy Weill

At The Plaza, record-breaking deals but no big names yet; 15 Central Park West, on the other hand ...  read more »

When The Observer broke the news that Sandy Weill, ex-CEO of Citigroup, was one of the huge-moneyed buyers at the new Robert A.M. Stern-designed mega-condo at 15 Central Park West, it was impossible to know the purchase price.

And even when reports came in that the building had done well over a billion dollars in sales, who could guess how much individual apartments would close for?

They're closing for a whole lot.

According to a deed filed today in public records, the Weill family has paid $42,405,000 for 15CPW's Penthouse 20. That qualifies as the third-biggest official apartment sale ever in New York City, behind a Plaza deal for $51.5 million and Rupert Murdoch's triplex buy at 834 Fifth.

(But keep in mind that there is a bigger deal at the Plaza about to close, and, of course, angry hedge fund man Daniel Loeb's reported $45 million penthouse at 15CPW should be a done deal soon.)

Here's a nice feminist touch about this amazingly burly condo deal: The purchase was made in the name of Sandy's wife Joan Weill, as a trustee of the "JW Revocable Trust". (JW's address, not shockingly, is Citibank's HQ.)

Will other big-wallet buyers be as familial? Only two other deals have closed in the building: a $29 million duplex (under the name Pantigo, LLC) and a seventh-floor spread that went for $9.5 million. $9.5 million is chump change.

Denzel, Sting, Norman Lear, Bob Costas, Sandy Weill and Nascar prince Jeff Gordon all have early seats at the greatest show on Central Park’s edge in decades.  read more »