Former Citigroup Chairman and Chief Executive Officer Sanford I. "Sandy" Weill has closed on the purchase of his 6,744-square-foot unit in the newly built building at 15 Central Park West in Manhattan -- which the New York Times is calling "the most expensive and perhaps the most celebrated housing development in Manhattan" -- and records that have just been recorded show that Weill paid $42,405,000 for his unit.
The Times' Josh Barbanel today remarked on the recent closing of Weill's unit at 15 Central West, which took place on August 31 and which was recorded with the city on September 12. Records show that Weill's wife Joan Weill's "Trustee of the JW Revocable Trust" paid the $42,405,000 amount for the unit, which is among the first closings in the complex to have taken place and been publicly recorded. Barbanel was not the first to write about the Weills' closing, however; the New York Observer's Max Abelson broke the story back on September 12 about the closing of the Weills' unit (the Observer, it must be said, also broke the story of Weill being a buyer at 15 Central Park West). We have written many times about the building at 15 CPW and its endless cavalcade of celebrity buyers. On May 14, our post about Bob Costas paying a reported $10 million for a three-bedroom, 3,500-square-foot unit in the complex provided a fairly comprehensive list of the other buyers, including TV legend Norman Lear, who is paying a reported $10 million for a 2,800-square-foot unit; musician Sting and his wife Trudie Styler, who will pay around $30 million for a five-bedroom, 5,000-square-foot-plus duplex; actor Denzel Washington, who will pay a reported $12 million for a three-bedroom, 3,000-square-foot-plus unit, Goldman Sachs chief Lloyd Blankfein, who will pay a reported $27 million for a unit; brash hedge-fund manager Daniel Loeb, who reportedly will pay $45 million for a 39th-floor penthouse; and race car driver Jeff Gordon, who at that time was reported to be buying a 3,800-square-foot unit. The Times today speculated about the relative merits of Weill's new spread in the complex versus Loeb's 10,700-square-foot penthouse, which has not yet closed. The paper also noted that the price per square foot was the highest ever paid for a condo in Manhattan. But now let's get to the really good stuff: who else's units have closed in 15 Central Park West? The answer, so far, is very few. Among the sales that have closed are: --Records show that something called Pantigo LLC paid exactly $29,000,000 on August 8 (recorded on September 4) for a 16th-floor unit. The company's address is a law firm in East Hampton, N.Y., and it's unclear whether a lawyer at that firm was the buyer, or whether the lawyer represents someone else who was the buyer. No one yet seems to know who is behind Pantigo LLC. --Race car driver Jeff Gordon's Carolina Real Property LLC company paid $9,673,375 for his seventh-floor unit. Gordon went to contract to buy the unit on September 27, 2005 and closed on it on August 15, with the sale being recorded on August 29. The Observer wrote on September 4 about the transaction (noting that it was the first recorded sale in the building). In that report, the Observer's Mark Wellborn merely speculated that Gordon was the buyer ("...we're guessing it may be NASCAR star Jeff Gordon...."). We can report without any hesitation that Gordon is indeed behind Carolina Real Property LLC. Our quick check of North Carolina state incorporation records shows that Carolina Real Property LLC is based at 4345 Papa Joe Hendrick Boulevard in Charlotte, N.C., which 1) property records show happens to be a motor sports garage; and 2) Google searches show is the location of the Jeff Gordon Foundation and the Jeff Gordon Network. Trust us on this one, Mark -- the unit is Gordon's. Stay tuned for more closings at 15 CPW. As we (and the Observer, and the Times) find out about them, we'll share them with you here.