"The condo above the Mandarin Oriental Hotel sold for $18.3 million, above its $18 million asking price but less than the $18.8 million the seller paid for it in 2013."
"Schoenfeld first listed the 3,500-square-foot apartment in 2018 with an asking price just under $29 million. It drifted on and off the market for years, until April, when it listed with an $18 million price tag."
"Everything in life is timing, Schoenfeld said, adding that when the sellers agreed to lower the price to $18 million, she realized they may finally be ready to let it go."
"The identities of both the buyer and seller are shielded by shell companies. The buyer, who Schoenfeld described as someone very familiar with the building, is an entity known as Free Dog LLC."
A duplex at 25 Columbus Circle sold for $18.3 million, surpassing its $18 million asking price but falling short of the $18.8 million paid in 2013. The sale included a $190,000 storage unit. The property, listed by Schoenfeld and Arcus, had been on and off the market since 2018, initially priced near $29 million. The three-bedroom, five-bathroom apartment features a sauna and Central Park views. The buyer, Free Dog LLC, is familiar with the building, while the seller is AEH Jay Corp.
Read at therealdeal.com
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