Former UBS Exec Demonstrates How Not To Sell On Park Avenue
The Real Estalker's excellent research reveals this isn't SIngh's first debacle on Park. In 2004, he and his wife sold their co-op at 941 Park Avenue for $6.155 million and then moved to 860 Park Avenue where they spent $6,876,250 for a full floor apartment on the fifth floor. In 2007 they then moved on to 823 Park Avenue and signed contracts on a pair of apartments. The apartment at 860 Park was first listed at $13.4 million but didn't sell until earlier this year for a disappointing $7 million.
The current apartment for sale is 7,200 square feet spread out over two floors with seven bedrooms, a formal dining room, living room, eat-in kitchen and library. The lower floor includes the master bedroom suite, an entertaining kitchen and two additional bedrooms overlooking a rear terrace. The listing is here.
Gallery: Getting A Deal On Park Avenue