May I Have
Conrad Black divests.
Conrad Black’s former company, Hollinger International, has been forced to shed many prize assets—including London’s Daily Telegraph newspaper—as a result of the embattled press baron’s alleged financial improprieties. Now Sir Conrad, who has lost much of his fortune fighting the charges against him, is shedding a prize of his own. His 4,500-square-foot apartment at 635 Park Avenue, which boasts a circular gallery, a 30-foot-long living room facing Park Avenue, and four wood-burning fireplaces, is said to have been purchased by developer Marty Berman for the full asking price—$10.5 million. Though the apartment carries the whiff of scandal, one broker notes that “there are precious few apartments of this size in triple-mint condition,” and another admirer points out the “dramatic” moldings and calls the pad “so gorgeous I can’t even tell you.” Black has listed the co-op with old-guard society broker Pat Patterson of Sotheby’s, who declined to comment.
—S. Jhoanna Robledo
Intelligencer: September 26 - October 3, 2005ShareThis
May I Have