Recent News
Apartments in the building rarely come to market, and typically command prices well over $3000 per square foot or $20 to $30 million.
The co-op gained recent international fame when Rupert Murdoch paid $44 million for the apartment formerly owned by Laurance Rockefeller. At the time, this was the largest amount paid in New York City history for a cooperative apartment, and was a significant premium to the price paid for another famous apartment, the Rockefeller penthouse at 740 Park Avenue. That apartment sold for approximately $30 million (despite press reports claiming a $36 million price). The 834 Fifth Rockefeller apartment contained twenty rooms spread over 8,000 sq ft (740 m2). of interior space and 4,000 sq ft (370 m2) of terraces.
Charles Schwab apparently spent approximately $25 mm for a ninth floor unit in the building, paying $11 mm over the initial asking price.
Robert Bass recently purchased Damon Mezzacappa's 6,500 sq. ft. twelfth floor apartment for $34 million in December 2011.
Read more about this topic: 834 Fifth Avenue
Famous quotes containing the word news:
“If you are one of the hewers of wood and drawers of small weekly paychecks, your letters will have to contain some few items of news or they will be accounted dry stuff.... But if you happen to be of a literary turn of mind, or are, in any way, likely to become famous, you may settle down to an afternoon of letter-writing on nothing more sprightly in the way of news than the shifting of the wind from south to south-east.”
—Robert Benchley (1889–1945)
“If you chance to live and move and have your being in that thin stratum in which the events that make the news transpire,—thinner than the paper on which it is printed,—then these things will fill the world for you; but if you soar above or dive below that plane, you cannot remember nor be reminded of them.”
—Henry David Thoreau (1817–1862)