"Clay Lifflander, a former New York City Economic Development Corporation president who later moved into hedge-fund investing, is looking to cash out of his Central Park South perch. His top-floor co-op penthouse has hit the market with an asking price of about $20 million. The apartment measures roughly 2,500 square feet and has two bedrooms and two-and-a-half bathrooms. The real showpiece is outside: three separate terraces that total about 1,200 square feet ring the unit."
"The penthouse sits atop a 25-story prewar tower completed in 1927 that stands on leased land. The property was reshaped in the early 2000s by developer Anbau. As detailed by Crain's New York Business, Anbau bought the tower in 2004 and reportedly invested about $110 million to convert roughly 200 hotel rooms into 67 co-op units and to add three floors on top."
Clay Lifflander, a former New York City Economic Development Corporation president turned hedge-fund investor, is selling his top-floor co-op penthouse on Central Park South with an asking price near $20 million. The roughly 2,500-square-foot unit has two bedrooms, two-and-a-half bathrooms, and wraparound outdoor space: three terraces totaling about 1,200 square feet. Monthly maintenance is near $15,000. The unit includes a windowed eat-in kitchen with a wine refrigerator and offers park views. Lifflander purchased the apartment in 2007 for about $10 million. The penthouse crowns a 25-story prewar tower on leased land that was converted from a hotel in the early 2000s.
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