• 04 Jun 2009 at 12:01 PM

Flip-Flopping Fulds May Pocket $27 Million

By Equity Private

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Two or so weeks ago, Dick and Kathy Fuld started “marketing” their 640 Park Avenue co-op for $32 million ($11 mill more than they paid for it less than three years ago). Then, days later, the couple decided to keep the 6,200 square foot pad for themselves, which we thought was a smart, PR-savvy move, considering the rumors (in our head) that they’d be turning the apartment, which includes 5 five fireplaces and a 25 foot long dining room, into a halfway house for down on their luck CEOs (humanity and whatnot can do wonders for one’s rehabilitation and attempt at a triumphant return to biznass life). Now, they’re apparently mulling an offer “in the $27 million range.” [via Cityfile]
Earlier: Correction: You Will Not Be Sleeping Where Dick Fuld Hath Slept

Comments (15)

  1. 1
    Posted by guest | June 4, 2009 at 12:06 PM

    How nice for them.

  2. 2
    Posted by guest | June 4, 2009 at 12:08 PM

    $27,000,001 Bob

  3. 3
    Posted by guest | June 4, 2009 at 12:09 PM

    Make up your mind, Dick!

  4. 4
    Posted by guest | June 4, 2009 at 12:11 PM

    I am going to track down where Dick Fuld works out and then press Mr. Fuld’s face onto a moving treadmill until his flesh is gone.

  5. 5
    Posted by AndrewInGreenwich | June 4, 2009 at 12:26 PM

    What a paltry cedar closet.

  6. 6
    Posted by guest | June 4, 2009 at 12:40 PM

    What the hell is a “second man”? Is that like an assistant/back-up butler? You’d think the four other live-in servants would suffice.

  7. 7
    Posted by guest | June 4, 2009 at 12:47 PM

    I will dispatch my secretary with my offer, right after pounding her in that delectable ass.

  8. 8
    Posted by guest | June 4, 2009 at 1:00 PM

    servant’s room is bigger than mine…FML

  9. 9
    Posted by guest | June 4, 2009 at 1:26 PM

    so, $27M for 5,000 square feet?
    I have 4,200 square feet plus three quarters of an acre for less than $1M. Who’s my bitch? Who’s my bitch?

  10. 10
    Posted by AndrewInGreenwich | June 4, 2009 at 2:04 PM

    @9
    It is 6,200 square foot on Park Avenue.
    No one cares about your Jersey City section 8 luxury condo.

  11. 11
    Posted by guest | June 4, 2009 at 2:17 PM

    What does Board Approval mean?
    Ken L.

  12. 12
    Posted by guest | June 4, 2009 at 2:23 PM

    @10. So it’s on Park. What does that actually get you?

  13. 13
    Posted by guest | June 4, 2009 at 2:24 PM

    9 Remember the first three lessons of real estate: location, location, location.

  14. 14
    Posted by guest | June 4, 2009 at 2:28 PM

    12 The fact that you asked will make it hard to explain. Let me try this though: what does living where you do get you vs. downtown Detroit. That’s easy – you’re not risking your life living where you do. But how about vs. say Naples, Florida? First on the list would be proximity to a well paying job. None of that in Naples. Second may be proximity to good schools. Ditto. Third may be proximity to… There’s that word again: proximity. LOCATION, LOCATION, LOCATION.

  15. 15
    Posted by guest | June 4, 2009 at 2:52 PM

    @14, the fact that that is your explanation = 1) you are under 25, 2) you are likely very, very gay, 3) you have a limited world view.
    And FYI, I am @9, and I lived on Park for 5 years (and no, not in Harlem.)

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