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Billionaires Compete Over Quiet $30M Gold Coast Listings

730 Park Avenue may be less famous than 740, but both are having an impressive season when it comes to sales. A few weeks after Courtney Sale Ross finally unloaded her uncombined apartments in 740 Park for $52 million, another billionaire is headed toward a contract at 730 Park. The seller, an unidentified former Goldman Sachs banker, wants something around $35 million in cash for his penthouse. And since "billionaire would-be buyers have already been sometimes crossing paths in the lobby," according to the Journal, he might get it with no more than a quiet listing. The four-bedroom apartment has five terraces, including one off a maid's room.

Co-op sales closing at more than $30 million have been relatively rare since 2008, but the Journal sees the interest in the 730 and 740 Park apartments as part of a resurgence in activity for the billionaire buyer set. Ted Forstmann's property at 2 East 70th Street went into contract for a bit more than $40 million after a bidding war; George S. Blumenthal just sold his 1030 Fifth Avenue 6BR for $31.5 million. And the 730 Park pad has things like a greenhouse breakfast room and 37-foot-long living room going for it, so yeah, we could see a deal getting done for $35M.
?Photo via PropertyShark.
· Pricey Co-ops Find Buyers [WSJ]
· 730 Park Avenue coverage [Curbed]

2 East 70th Street

2 East 70th Street, New York, NY 10021

730 Park Ave

730 Park Avenue, Manhattan, NY 10021

1030 Fifth Avenue

1030 Fifth Avenue, New York, NY