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After Two Years, Fraudster's UES Duplex Finally Sells for $18M

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Perhaps it was tainted by being the former home of a convict, but a duplex at 770 Park Avenue finally found a buyer for $18 million. The apartment once belonged to white collar fraudster Hassan Nemazee, now behind bars, and the Real Deal spotted property records that the show the 15-room spread sold Marina Shields Purcell (whose claim to fame is being the half-sister of Hollywood actress Brooke Shields) and her husband. The final sale price was $10 million less than the original asking back in May 2011, and $1.5 million less than the most recent asking price of $19.5 million last October.

· Financial Fraudster Nemazee's Pad Sells for $18M [TRD]
· Listing: 770 Park Avenue, 14/15A [StreetEasy]
· Hassan Nemazee coverage [Curbed]

770 Park Avenue

770 Park Avenue, New York, New York 10021