Tuesday, 28 July 2015
Last updated 8 min ago
Nov 18 2011 | 2:28am ET
The palatial Park Avenue apartment that housed socialite Brooke Astor for almost 50 years was bought by a hedge fund manager for less than half its original asking price.
Viking Global Investors' Daniel Sundheim and his wife, Brett, paid $21 million for the five-bedroom apartment, which takes part of the 15th and the entire 16th floor at 778 Park Avenue. The apartment, which also features five fireplaces, was originally listed for $46 million in 2008, the year after Astor died at 105.
Astor moved into the apartment in 1959, the year her third husband, Astor family scion Vincent Astor, died.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…