A duplex penthouse at 181 East 65th Street that sold for $14 million was the biggest sale of the week, according to public records.
The condominium at the 34-story Chatham was owned by and had been designed for Jeff T. Blau, the president of the Related Companies, one of the city’s largest developers.
The Chatham was designed by Robert A. M. Stern, and like many of his projects across the city, including Superior Ink in the West Village and 15 Central Park West, it is meant to recall the elegant architecture of an earlier generation and appeal to the city’s wealthiest denizens. The building opened in 2000.
The two-bedroom, three-bath penthouse has two terraces, 22-foot-high ceilings, a wet bar and a library. It is set apart from other luxurious properties by the 23-foot-tall wall of windows in the dining room, which offer, according to the listing, “breathtaking views of Central Park and all points east and west.”
From those lofty heights, it is perhaps not surprising that Mr. Blau overestimated just how much the apartment could bring.
It was first listed last April for $18.9 million with the Corcoran Group. When it did not sell, it was taken off the market and eventually relisted by Cathy Franklin and Alexis Bodenheimer of Brown Harris Stevens for $15.95 million. Despite the cuts, it is still among the most expensive properties ever sold along Third Avenue.
The identity of the buyer was not revealed in public records because the apartment was bought anonymously through a limited liability company.
Mr. Blau moved out of the apartment three years ago, decamping to one of the city’s most elite co-ops at 1040 Park Avenue, where he paid $21 million for an 11-room apartment previously owned by the hedge fund titan Scott A. Bommer, according to city records.
Big Ticket includes closed sales from the previous week, ending Wednesday.