Ex-ABC Exec Sells 730 Park Duplex to Ex-Goldman Exec
Yale and Anita Roe have lived all over the world, spending time in the Bay Area, Chicago, Hilton Head, and, of course, New York, much of it for Mr. Roe's work as a producer and executive at ABC. There was also that trip on a lark to Israel that became the subject of Mr. Roe's book, I Followed My Heart to Jerusalem. Yet of all the homes and habitats, it is hard to believe any could have rivaled the family's stunning duplex at 730 Park Avenue, which they just sold, according to city records.
"A superb and rare 10 room penthouse duplex with 5 terraces in one of Park Avenue's most distinguished buildings," declares Sotheby's Loise Beit in her listing. Technically, there is a penthouse above, William Lauder's old place, which he handed over to his wife Karen last June for $15 million.
The Roes' sprawl sold for not quite so much, $13.5 million, down from an ask of $14.9 million when it was first put on the market in August. It went into contract in November, according to StreetEasy, and city records reveal the buyer to be Philippe Khuong-Huu, a JPMorgan hotshot who joined Goldman Sachs in 2001 to run its Global Interest Rate Group.
SLIDESHOW: Mahogany-Carved Magnificence for $13.5 M. >>
He played a bit role in a New York article on the firm in 2005, the same year he departed to start his own fund, Alphadyne, which, according to its Web site "focuses on directional and relative value investments strategies in the global interest rates, foreign exchange, volatility and credit markets."
Well, the markets certainly have been volatile lately, so Mr. Khuong-Huu, a Frenchman of Vietnamese descent, must be doing well. Indeed, it only took two months for the contract to close on Jan. 14. He previously lived at 447 East 57th Street.
Mr. Khuong-Huu's latest acquisition looks as though it was carved from one giant piece of mahogany, with barrel-sized columns standing at the doorway to many of its grand rooms. The master suite takes up most of the second floor, with the bedroom alone measuring more than 450 square feet. There is one other bedroom on the 17th floor, as well as one of those terraces. Two more bedrooms are on the epic floor above, for a total of four, and there are as many bathrooms. There is even a small terrace for the home's one staff room—how egalitarian!
The 1929 building was designed by F. Burrall Hoffman Jr. and Lafayette A. Goldstone. Carter Horseley has a note on the redbrick building's pedigree on his CityRealty site: "Although the handsome building is dwarfed a bit in grandeur by its immediate neighbors to the south and north, 720 and 740 Park Avenue, two of the avenue's most majestic buildings, its residents have included major publishers and Edna Ferber, the author of 'Giant.'"
Other residents include Elizabeth Lindemann, the socialite and ex-wife of collector (and Observer contributor) Adam Lindemann, who lives in a duplex on the 10th and 11th floors; Deutsche Bank chair Robert Jeffe is on the 15th floor; and Thomas Tisch, son of Laurence, moved across the street to 740 just over a decade ago.
Speaking of scions, it bears mentioning that Ms. Roe knows a thing or two about real estate herself, having worked at Carol Management, the company founded by her father, Alfred Kaskel, whome The Times described in 1983 as "one of the city's major builders of the postwar period."
SLIDESHOW: Mahogany-Carved Magnificence for $13.5 M. >>
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