Home News After String of Major Deals, Central Park Co-op Gets $55 Million Listing

After String of Major Deals, Central Park Co-op Gets $55 Million Listing

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A Manhattan apartment long owned by the late Martin Howard Solomon is on the market for $55 million.

Mr. Solomon and his wife, Sarah Billinghurst-Solomon, paid $25 million for their Upper East Side home in 2004, according to property records. This neo-Italian Renaissance building on the outskirts of Central Park was designed by noted architect JER Carpenter around 1920.

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Co-founder Paul Allen.

One of the listing agents, Sotheby’s International Realty’s Serena Boardman, said the five-bedroom apartment has views of Central Park and the city. She said it has a wood-burning fireplace and a dining room that seats nearly 30 people. Boardman declined to specify the unit’s square footage.

Mrs. Solomon said what initially attracted her and her husband to the apartment was its light and proximity to the park. It is said that he was doing

The couple commissioned French architect and decorator Robert Couturier to renovate their apartment. She and her husband were avid entertainers and hosted numerous music recitals and dinner parties at her apartment.

The building is on the edge of Central Park.


Photo:

Yoo Jean Han/Sotheby’s International Realty

Mr. Solomon was a partner at private equity firm Hildred Capital Management and CEO of pharmaceutical company Forest Laboratories. died in january 94 years old. Mrs. Solomon said she would sell her apartment because it was too big for her. She said, “As my granddaughter told me, ‘This is too spongy for one person.'”

Boardman said the co-op market has remained “pretty strong” over the past year, and said the building has recorded a number of major sales recently.Earlier this year, Mr. Allen’s estate sold a set of apartments Bill for $101 million to Julia Koch, wife of the late billionaire David Koch.Financier J. Christopher Flowers also recently purchased Records show that the building unit is worth $43 million.

Boardman shares the list with her colleague Maria Bazo.

write destination Catherine Clark [email protected]

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