Wall Street Bigwig Purchases Park Ave Co-op for $22 Million

Posted On Thu, April 24, 2014 By

Posted On Thu, April 24, 2014 By In Interiors, Recent Sales, Upper East Side

Society couple Pamela Farkas and Andrew Paul have finally found a buyer for their co-op at 820 Park Avenue.

The duo placed their property on the market last September, and it looks like Wall Street exec Matthew Cherwin, who was recently named co-head of JPMorgan’s Global Credit, Securitized Products and Public Finance, and his wife, Wendy Cherwin, handed over $22 million for the digs. The interiors of the duplex are definitively Upper East Side, and the residence boasts five bedrooms and 180-feet of Park Avenue frontage.

820 Park Ave , Pamela Farkas, Andrew Paul, Matthew Cherwin, nyc real estate, billionaires nyc, upper east side real estate, luxury apartment, park avenue apartments, park avenue real estate, park avenu coops

The duplex is located within a 14-story building that was constructed back in 1926. The apartment comes with 90-feet of Park Avenue frontage on each floor, a gourmet kitchen, wood-burning fireplaces, a wood-paneled library, and much more. But its most impressive feature might be the private elevator that opens up to a massive, marble-floored entry gallery, which leads to a sizeable coat room, and the dining and living rooms.

820 Park Ave, Pamela Farkas, Andrew Paul, Matthew Cherwin, nyc real estate, billionaires nyc, upper east side real estate, luxury apartment, park avenue apartments, park avenue real estate, park avenu coops

And to give you an idea of what kind of parties must have been thrown here by Farkas and Paul, 820 Park Avenue has been described by residents as “a building of billionaires, not millionaires.” In fact, neighbors include Democratic fundraising heavyweights Jane Hartley and Ralph Schlosstein.

[Via New York Observer]

Images via BHS

Tags : , ,

Neighborhoods : Upper East Side

MOST RECENT ARTICLES

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.