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Wall St. Tycoon Buys Millionaire Philanthropist's Fifth Ave. Pad

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Philanthropist Carroll Petrie's Fifth Avenue home has sold for its asking price of $30 million to none other than Wall Street billionaire, James Tomilson Hill, The Real Deal reports. Petrie died in February this year, and her apartment, which is located at the storied 834 Fifth Avenue was listed on the market by Sotheby's in September.

Overlooking Central Park, the apartment has wood-burning fireplaces, crystal chandeliers, and marble floors as some of its standout features. The two-bedroom home also comes with 11.5 feet ceilings, a terrace, and a wine vault.

The apartment was previously home to the likes of Rupert Murdoch and Elizabeth Arden, and the building itself, which was designed by noted architect Rosario Candela has some of the priciest residences in the city with a 14-room duplex going for $77.5 million back in March.

The new buyer, Tomilson Hill is the head of the investment banking firm, The Blackstone Group, and has an estimated net worth of over $1 billion. His slicked back hair was notably the inspiration for Michael Douglas' look portraying Gordon Gekko in the 1987 film, Wall Street.

Petrie, and her late husband Milton made significant donations to museums like the Metropolitan Museum of Art and the Museum of Modern Art.

· Blackstone's real-life Gordon Gekko nabs $30M Fifth Ave. pad [The Real Deal]
· Millionaire Philanthropist's Lavish Fifth Ave Pad Asking $30M [Curbed]
· All the 834 Fifth Avenue Coverage [Curbed]

834 Fifth Avenue

834 Fifth Avenue, New York, NY