If you’ve been waiting for the chance to move into the secret headquarters of the Masters of the Universe, now is your chance. An apartment in the 17-story Art Deco building at 740 Park Avenue is on the market.
Simply known as “740″ (or, as we call it, Castle Greyskull), the building is home to Steve Schwarzman, John Thain, Ron Lauder, David Koch and a host of other, lesser known financiers. John D. Rockefeller Jr. lived there from 1938 until his death. Ron Perelman lived there with his first wife (and left the building when he left his wife.) liadsflv. Henry Kravis lived there with his second wife, Carolyne Roehm. Charles P. Stevenson Jr, the blue blood hedge fund manager, lives there with his fourth wife and is chairman of the co-op board. Barbara Streisand wanted to live there but the building doesn’t like actresses or singers. The apartment that has hit the market is owned by Chinese born investment banker Peter Huang and his wife.
It will only cost you $38 million, some money to redecorate (warning: pics of frumpy furniture) and a strategy to get past the board. Here’s our suggestion: Stevenson learned about investing by studying market behavior just before and just after the stock market crash of 1929, so bone up on your history and be prepared to compare and contrast that financial catastrophe to the present debacle. According to 740 expert Michael Gross, the apartment’s floor plan should look like this.
Shrouded Sale at 740 [Michael Gross]
Comments (14)
Leave a comment
You can log in with your account or comment as a guest below.
yea, thats gonna be another $5mil to completely redo the interior, blech
I just put in an offer for asking price, cash deal and contracted Yoshio Taniguchi to redesign the interior. Deal Breaker readers are invite to my house warming once completed.
Rock on
I just put in an offer for asking price, cash deal and contracted Yoshio Taniguchi to redesign the interior. Deal Breaker readers are invite to my house warming once completed.
Rock on
for that price I want at least 12′ ceilings. the ten foot ceilings would feel cramped.
no bid from me!
Anal_yst – i agree.
What a horror show. My eyes hurt. The place would show better if they just carted all that crap out of there.
In the alternative they could knock $5 million off the purchase price if the buyer agreed to take the joint as is.
Floor plan on the broker website looks updated. Also, broker is kind of hot.
Reading this made me puke on my shoes.
1:21 PM:
Real estate offices that broker seven- and eight-figure properties generally don’t hire fatties or skeezers.
for the $5m less you could get a triplex in Richard Meyer’s pimpin pad on the west side, bam!
http://www.sothebysrealty.com/PropertyDetails.aspx?R=100015738&N=12+149+4294967276&Ns=P_USDPrice%7c1&No=2&PSeq=0
although admittedly, these two buildings appeal to completely different aesthetics and lifestyles
Has “Castle Greyskull” instituted prima nocta (a la Braveheart) enforced on any real estate broker involved in an apartment’s sale? If so, offer: $40MM.
this deserves a spot on Curbed’s “That’s Rather Hideous” series.
Hi all,
This is Ravi from India. You may remember me from a previous post, all that matters is that I am smart guy and have 780 on GMAT. How do I become an MD at a bulge-bracket bank so I can be rich like my Chinese brethren? Also, do you think learning kung-fu will help me better relate to Asian investment bankers?
- Ravi, Wharton ’10
@Anal_yst and 12:58 – agreed, re decor done in Early Ridiculous. I hope the realtor gives out motion sickness pills before taking people through the joint, otherwise there might be an additional cleaning charge thanks to nauseated prospective buyers..
TGFD here.
Bess, I have an idea. You seem to like fire, right? My suggestion is that you set that whole 740 Grayskull place on fire. Burn all those fucks out of there.
The Guy from Delaware
p.s. Get Mr. Carney to throw that idiot Ravi clown into the blaze too. He’ll forget all about his GMAT score.