Last week, the universe and the economy collided, causing what may have been a once-in-a-lifetime event: There were, New York reported, three apartments on the market in coveted building 740 Park Avenue. Now, only the spread formerly occupied by Randolph and June Speight, who died in 1999 and 2008, respectively, remains available. The two other sellers have retreated: “There are too many trophy apartments on the market now,” a broker tells 740 Park author Michael Gross. And let’s face it: The would-be sellers would rather die before looking desperate. [Michael Gross]
