Before the new year, dozens of billionaires were rushing to close their high-end deals to beat the fiscal cliff, and the 12th floor co-op at 810 Fifth Avenue made it in under the deadline. The apartment, once owned by Vice President Nelson A. Rockefeller, sold for $23.9 million just five days before the end of the year. The co-op had been on the market since 2008, and the owner only agreed to lower the $27.5 million asking price on the condition that the deal would close before taxes went up at the end of the year. Co-op board approvals can take months, but the Journal reports that the deal was done in 30 days, thanks in part to the board agreeing to meet on a Saturday.
The full floor unit has two-bedrooms, three and a half baths, a 47-foot-long living room, two fireplaces, a library, a formal dining room, a breakfast area, and staff quarters. Here's the floor plan:
· Ex-Rockefeller Co-op Is Sold, Beating 'Cliff' [WSJ]
· Listing: 810 Fifth Avenue, 12th Floor [StreetEasy]
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