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Putting the Hope in Stanhope

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The Observer reports that Claude Wasserstein, former wife of late investment giant Bruce Wasserstein, is quietly asking $65 million for her penthouse in the converted Stanhope hotel on Fifth Avenue. That's a slight increase over the $35 million she paid for the 7,000-square-foot penthouse (with another 5,000 square feet of outdoor space) in 2008. Wasserstein bought the space raw and built it out, and one source sniffs to the Observer, "I don't know what she did but she certainly didn't add $30 million." Little does the source know, the flooring is actually pure cocaine. [NYO; previously]

995 Fifth Avenue

995 Fifth Avenue, New York, NY