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Townhouse Transfers

870park_ql_12_10How to get rid of house you just can't sell? Give it to your ex-wife. Benny Shabtai, owner of 870 Park Avenue, has transferred the townhouse with its Robert A.M. Stern-designed facade in a divorce settlement for only $10 million. We say "only" because the place was once asking as much as $33M, and is still on the market for $24.5M. Value probably higher than $10M for those who don't have pre-divorce associations with the place! [NYO; previously]