The Struggle To Sell 895 Park Avenue

by Deidre Woollard (RSS feed)
Jun 20th 2009 at 8:01AM

The Manhattan triplex penthouse of the late movie producer Charles Evans, brother of Bob, has been in and out of our Sunday real estate round-up a bunch of times and none of them ending with the magic word "sold." The NY Observer's Max Abelson reports that the 14-room, four-bedroom unit at 895 Park Avenue is back on the market once again after the building's co-op board turned down a buyer who had signed a contract for at least $14 million. This is the third time that a deal for the penthouse has fallen through and the price of the apartment has been steadily tumbling since 2007 when it was first listed for $29.5 million. Now you can get this impressive spread for a far more modest $15.5 million.

The apartment offers terraces on the 16th and 18th floors with views of Central Park and the West Side skyline. It's a big, beautiful, glamourous New York City pad with large formal rooms for entertaining and an entire floor given over to bedrooms. It also includes an eat-in kitchen and there are two wood burning fireplaces in the library and living room. The co-op board is said to be looking for "settled" types with solid income.

Gallery: 895 Park Avenue