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Late Times Publisher's Apartment Sells for $12.5M

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Ah, the good old days of newspaper barons and their palatial abodes. The late Arthur Ochs "Punch" Sulzberger, Sr., former Times publisher, used to live in an 11-room co-op at 1010 Fifth Avenue. His estate?there's a whole family tree of Sulzbergers on the deed?just sold the place for $12.5 million, the Observer notes. The apartment was originally asking $14 million when it hit the market in December 2012.

· Breaking News! Punch Sulzberger's Old Fifth Avenue Pad Sells for $12.5M [NYO]
· Arthur 'Pinch' Sulzberger Jr. coverage [Curbed]