A floor-through combination unit at the Trump Palace with six terraces and gravity-defying vistas of the cityscape and Central Park sold for $15 million and was the most expensive sale of the week, according to city records. The four-bedroom, three-bath residence, No. 47A/B, had an initial asking price of $16.95 million and has monthly carrying charges of $14,425.
Developed by Donald Trump in 1991, the Trump Palace, at 200 East 69th Street at Third Avenue, bills itself as âthe tallest tower on the Upper East Side.â The unit has views in all directions, and its aura of spaciousness is further enhanced by ceilings that range up to 11 feet.
A recent gut renovation by the designer Russell Piccione transformed the apartment into a showplace with barrel-vaulted ceilings in the reception gallery, oak parquet de Versailles floors, a 19th-century Italian marble fireplace and walls papered with Fortuny silk.
The western wing has a 15-by-30-foot living room, a terrace with three exposures and an adjoining music room with a wet bar. In the eastern wing, the formal dining room and library have oak-coffered ceilings and antique chestnut plank floors. The 25-by-18-foot eat-in kitchen has the expected top-of-the-line accessories and access to a balcony.
The corner master suite has a 10-foot ceiling, southern and western exposures, and its own balcony. Two of the guest bedrooms have en-suite baths, and there is a separate den/study.
Mary Fitzgibbons of Brown Harris Stevens handled the listing for the seller, Richard A. Hadar, a real estate investor.
The apartment traded along with two storage rooms, which might come in handy for its buyer, Steve Madden, the founder in 1990 of his eponymous shoe empire, and his wife, Wendy. The Maddens, who have three children, were represented by Jared Seligman of Douglas Elliman.
The weekâs other top sale, also a floor-through, was recorded at 18 Gramercy Park, the successful sequel to 15 Central Park West by Zeckendorf Development, Eyal Oferâs Global Holdings and Robert A. M. Stern Architects. No. 12, a 4,207-square-foot 12th-floor residence with 40 feet of park frontage, sold for $13,701,318.44 to a buyer shielded by a limited-liability company, Mount Riga II; Zeckendorf Marketing represented the sponsor, and the buyer did not use a broker. Carrying charges are $11,225.31 a month.
Big Ticket includes closed sales from the previous week, ending Wednesday.