In an infinite feedback loop of the finance variety, the Fifth Avenue apartment once owned by shamed Credit Suisse broker Julian Tzolov was sold at auction to another moneyman, a CEO at Manhattan private-equity firm Mistral Equity Partners. Andrew Heyer bid $2.8 million for the two-bedroom condo at 225 Fifth Avenue, which Tzolov originally purchased in 2007 for $1,985,587 before adding $250,000 worth of "motorized blinds and custom-built closets." [Crain's; previously]
Filed under: