Big time financier’s inheritors sell his posh Park Avenue penthouse for $20-plus million

Back in the 70s Banker Herbert Allen Sr., one of the most affluent businessmen on Wall Street at the time, purchased the Upper East Side penthouse at 733 Park Avenue for $526,500, which has recently been sold for $2o million.

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The foyer features two-floor windows and a spiral staircase connecting the 30th and 31st floors of the penthouse. The duplex three-bedroom pad boasts a private elevator, an all- marble bathroom, a unique hand-laid parquet floor and three magnificent landscaped terraces covering 1,250 square foot. The behemoth bedrooms feature large windows overlooking awesome views of Central Park – actually no other building from Park Avenue offers such views since this is the tallest residential building on this street.

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John and Christy Mack put penthouse pied-a-terre on the market for $22.5M

It has recently been reported that John J. Mack, 67-year-old former executive of Morgan Stanley, the American multinational financial services corporation, and his wife Christy, owning her own business herself, Waterfall TALF Opportunity, have just listed their duplex penthouse in a condo building on East 63rd St.

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Music mogul Irving Azoff all set to splash $16M on Holmby Hills villa

Founder and manager of Azoff Music Management Group, Inc  and personal manager of The Eagles, Christina Aguilera, Van Halen, Neil Diamond, New Kids on the Block, Gungs N’ Roses – to name but a few, Irving Azoff is currently having his luxurious Beverly Hills Tudor estate done up (where Kim Kardashian and Kanye West had their wedding reception back in 2009). Reason enough to go house hunting for a swank temporary residence, which they allegedly have found.

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Peter Morton pays $9.8M for Elvis Presley’s former Beverly Hills abode

In the autumn of 2012, the former luxury home of rock-and-roll legend Elvis Presley, situated in the star-studded Trousdale Estates neighborhood, was listed for an asking price of $12.9 million and in December 2012 it was scooped up for $9.8 million by (co-)founder of the Hard Rock Café global chain of dining restaurants, Peter Morton. Elvis and Priscilla had bought the property in 1967 and sold it six years later, when they got divorced. Reportedly, the house was leased out for $25,000 per month until recently.

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Hollywood bigwig Barry Levinson buys $5.65M Soho pad

Barry Levinson, 70, Academy Award winning screenwriter, film director, actor and film and television producer (And Justice for All, Diner The Natural, Young Sherlock Holmes,  Good Morning Vietnam, Rain Man, Avalon, Bugsy, Toys, Sleepers, Wag the Dog, Oz), whose primary family residence is in Connecticut, has picked up a 3,090 sq ft crash pad in a luxury apartment building at 104 Wooster Street. The asking price was $300 higher, so it was sort of a bargain for our man.

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Lindsey Buckingham’s latest $5.8M L.A. manse

Grammy winner, Fleetwood Mac legendary guitarist/singer, producer and Rock And Roll Hall Of Fame member, Lindsey Buckingham and his wife Kristen recently dropped $5.8 million on a 2,958 square foot mansion, which lies just over one mile away from his other one, almost three times as big.  Situated on the north side of Sunset Blvd., it features five bedrooms and three bathrooms (in a rather bad shape) which the Buckinghams, rumour has it, intend to restore to its 1920s pride.

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