Exec. Vice President
FLIPPING OUT: This penthouse condo, which was purchased in 2007 for $4.975 million, is on the market for $6.4 million.
A couple who sold their classic prewar co-op at 333 Central Park West during the peak of the market -- the four-bedroom, 2,500-square-foot condo went for $4.6 million in February 2008 -- is now hoping to flip their modern Central Park North penthouse condo in the worst of times.
Neil Breslau and Nancy Fire Breslau bought the 2,897-square-foot penthouse at the 111 Central Park North new development for $4.975 million in May 2007. They just put it back on the market for $6.4 million. Fire Breslau, a designer, told The Post in 2007 that they liked the area because it was "pretty much untouched. It's still a neighborhood in progress." The couple, who have two children, have not yet decided where they will move if they sell their place.
The four-bedroom, four-bath unit includes a 750-square-foot terrace with full views of Central Park. The condo also has 11-foot ceilings, four exposures and two deeded parking spaces. Halstead Property's Jill Sloane and Jeffrey Berger have the listing.
Meanwhile, Harry Dubin, who launched 111 Central Park North, is back in the game with Dubin Marketing Group. Dubin, who was sales and marketing director for the building's developer, the Athena Group, has a new project in Los Angeles. It's a 180-unit high-rise in the Wilshire Corridor called Solair Wilshire. His first task, Dubin says, is to bring old-school Hollywood glamour back to the neighborhood. "During Hollywood's golden era, this was thought of as the Upper East Side of the West Coast, where big studio execs and A-listers like Judy Garland, Howard Hughes and Gene Kelly called home," says Dubin, who hopes to sell the 180 units for a combined $200 million.
Thursday, July 09, 2009