Skip to content, or skip to search.

Skip to content, or skip to search.

real estate porn

Hedge-Funder and Newsbabe Buy City's Most Expensive Co-op

Financial crisis? What financial crisis? The moment Scott Bommer, CEO of SAB Capital and his wife, Donya, laid eyes on 1060 Fifth Avenue, they knew it had to be the one! Or, rather, the two! Today's Observer tells us that the couple recently purchased two units in the J. E. R. Carpenter–designed building for $48 million, topping the record for the most money ever paid for a New York City co-op. And, they still have to construct a staircase connecting the two places. But who cares! They're worth it! And so, says Georgia Shreve, the New Yorker contributor and seller, is the apartment. "It is a beautiful apartment," she told the paper (Georgia is married to a banker, too, duh!). "Putting in a staircase is no big deal." Once the staircase is completed, the Bonners will have a sprawling, seventeen-room, seven-bedroom duplex, one block from the Guggenheim and within spitting distance of Central Park. But why go outside when you can simply regard it from your fabulous digs? This place has outdoor space on all four sides of it, including a greenhouse and a south-facing, 114.5-foot-long terrace overlooking the Central Park reservoir. The views notwithstanding, 1060 is a little more modest than some of the other luxury homes on the market — for instance, there's no gym, room service, or in-house catering by Daniel Boulud — but the building does have a doorman and a concierge, and naturally Scott and Donya will be bringing in their own help. Floor plans for their renovation include a servant's room, a “formal bar” that the Observer tells us is bigger than their servant’s room — what would they need all that space for, anyway? Brooms? — plus two libraries, two kitchens, and four wood-burning fireplaces, which will be perfect for staying warm in front of when the recession hits.

City's Most Expensive Co-op Deal Ever [NYO]

0