Former Citigroup head Sanford Weill paid $43.7 million for a penthouse at 15 Central Park West in 2007. The more than $6,400/square foot price set a record, since shattered by another apartment within the Limestone Jesus. The Robert A.M. Stern-designed building is known for its gutsy flips, so what do the Weills hope to get this time around for their $43.7 million purchase? $88 million. We don't see a listing online yet, but the Journal has the floorplan, and it is impressive: among other features, the Weills asked Stern to redesign the bedroom as an oval for an unobstructed view of the sun rising over Central Park. And there are 19 glass doors opening onto the terrace.
Why leave an apartment like that? Weill tells the Journal it's because, "at a difficult period in the country's history, it is 'a pretty good time' for wealthy Americans 'to be quiet.'" And nothing is quieter than an $88 million listing.
Weill also says he'll donate the proceeds from the sale to charity?the Journal speculates the cash might go to a Weill favorite like Carnegie Hall, the Weill Cornell Medical College, or the National Academy Foundation. The Weills don't need the money to put toward their new place: they'll be moving downstairs to their other apartment on 15 CPW's sixth floor.
While we await the listing, a Curbed operative informs us that the apartment was once featured in Architectural Digest. Click through for the full slideshow?here's just a peek:
· Weill Takes Step Toward 'Downsizing' [WSJ]
· 15 Central Park West coverage [Curbed]