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Famed Restaurateur's Penthouse Sells for $1.92 Million

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When famed restaurateur Elaine Kaufman of Elaine's died in late 2010, her co-op at 425 East 86th Street was put up for sale asking $2.995 million, a much higher price than any sale ever recorded in the building. It seemed Elaine's legacy might bump up the numbers, but that turns out not to be the case. A buyer is closing this week on the 2BR pad?for $1.92 million, according to the Post. The buyer is a media consultant who, yes, has been to Elaine's, but who liked the apartment (which has a 1,600-square-foot terrace) for itself, not its celebrity pedigree. Aww! The buyer actually wanted part of Kaufman's book collection, too, but it was not included in the sale.

· Elaine Kaufman penthouse sold [NYP]
· Famed Restaurateur's Upper East Side Co-op Asks $2.995M [Curbed]

425 East 86th Street Apts

425 East 86th Street, New York, New York