One of many unique patrons at Zeckendorf Improvement’s 520 Park Avenue is trying to promote.
Former Barclays CEO Robert Diamond listed his 59th-floor penthouse on the luxurious constructing for $40 million, based on StreetEasy. Diamond and his spouse, Jennifer, purchased the house for $30 million in 2019.
The complete-floor, 4,300-square-foot house has been “meticulously renovated and conceptualized,” based on the itemizing.
A personal key-locked elevator leads into an entry gallery, which opens as much as the primary of three giant residing areas — a proper eating room, formal front room and sitting room — that wrap across the northeast nook of the house. A windowed eat-in kitchen sits on the northwest nook.
The first suite on the southeast aspect of the constructing has two walk-in closets and two main bogs. The house comes with one other full lavatory and a visitor bed room, and will be transformed right into a three-bedroom, based on the itemizing.
Compass’ Jim St. Andre has the itemizing. He declined to remark.
Just one different penthouse within the constructing has been bought by its unique proprietor. The Forty eighth-floor unit bought for $32 million in 2019, earlier than buying and selling for $28 million in 2022, based on public information.
The Robert A.M. Stern-designed constructing boasts over 15,000 sq. toes of facilities, together with a double-height indoor swimming pool, a bi-level health middle, a personal screening room and a salon.
Developed by Arthur and William Lie Zeckendorf, the constructing launched gross sales in 2015. Initially slated as a non secular successor to the household’s acclaimed luxurious apartment at 15 Central Park West, it didn’t fairly attain the stratum of the property dubbed the “Tower of Energy,” the constructing notched a variety of high-profile buyers for its costly high flooring.
In 2018, the 52nd-floor unit bought to billionaire funding banker Ken Moelis for $62 million, and in 2019, vacuum cleaner mogul and British billionaire James Dyson purchased a Sixtieth-floor duplex penthouse for $73.8 million.
The constructing’s ultimate sponsor sale got here in 2024, when its crown jewel duplex bought to Orlando Bravo, co-founder of personal fairness agency Thoma Bravo, for $79 million.
That deal, nonetheless, rapidly turned bitter. Final spring, Bravo sued the Zeckendorfs, claiming the builders pushed him into a nasty deal. He accused them of failing to reveal plans by Extell Improvement’s Gary Barnett to assemble a skyscraper at 655 Madison Avenue that might block the western views of the constructing.
The Zeckendorfs referred to as Bravo’s claims “utterly with out advantage” in a movement to dismiss. Additionally they identified {that a} photograph Bravo included in his grievance displaying the constructing’s doubtlessly obstructed views of Central Park was from a north-facing window — part of the constructing not in danger from Barnett’s constructing.
It’s not clear if the lawsuit or Barnett’s venture is having an influence on the constructing’s costs. Simply two items have traded because the lawsuit was filed and each have bought for lower than the vendor paid initially.
Fortunately for Diamond, solely one in every of his apartment’s 14 home windows faces west.
