{"id":5135,"date":"2011-03-24T08:30:41","date_gmt":"2011-03-24T12:30:41","guid":{"rendered":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=5135"},"modified":"2025-07-08T12:57:55","modified_gmt":"2025-07-08T09:57:55","slug":"ceo-buys-most-expensive-apartment-ever-in-park-avenue-building","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2011\/03\/24\/ceo-buys-most-expensive-apartment-ever-in-park-avenue-building\/","title":{"rendered":"CEO Buys Most Expensive Apartment Ever in Park Avenue Building"},"content":{"rendered":"<p>The closing of apartment <a title=\"1100 Park Avenue #6A\" href=\"https:\/\/www.propertyshark.com\/mason\/Property\/96770690\/1100-Park-Ave-New-York-NY-10128\/\" target=\"_blank\" rel=\"noopener\">6A<\/a> at <a title=\"1100 Park Avenue New York\" href=\"https:\/\/www.propertyshark.com\/mason\/Property\/25138\/1100-Park-Ave-New-York-NY-10128\/\" target=\"_blank\" rel=\"noopener\">1100 Park Avenue<\/a> for $8.05 million marked the highest price ever paid for an apartment in the 18-story pre-war coop building.<\/p>\n<div id=\"attachment_5136\" style=\"width: 210px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/03\/1100-Park-Avenue-New-York.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-5136\" class=\"size-full wp-image-5136 \" title=\"1100-Park-Avenue-New-York\" src=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/03\/1100-Park-Avenue-New-York.jpg\" alt=\"1100 Park Avenue New York\" width=\"200\" height=\"173\" \/><\/a><p id=\"caption-attachment-5136\" class=\"wp-caption-text\">1100 Park Avenue New York<\/p><\/div>\n<p>The buyers are Gail Pisano and Joseph Gromek, the latter identified by <a title=\"Bloomberg\" href=\"http:\/\/www.bloomberg.com\/news\/2011-03-23\/warnaco-s-gromek-buys-8-1-million-co-op-on-park-avenue-in-nyc.html\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a> as the CEO of <a title=\"Warnaco Group Website\" href=\"http:\/\/www.warnaco.com\/index.cfm\" target=\"_blank\" rel=\"noopener\">Warnaco Group Inc.<\/a>, the apparel company.<\/p>\n<p>According to the listing description at <a title=\"Warburg Realty\" href=\"http:\/\/www.warburgrealty.com\/property\/672901\" target=\"_blank\" rel=\"noopener\">Warburg Realty<\/a>, the apartment features 10 rooms, 4 bedrooms, a library, two wood-burning fireplaces and a maid&#8217;s room.\u00a0 Our records show the apartment was listed in March 2010 for an asking price of $8,990,000.<\/p>\n<p>In the past 6 years, 18 apartments have sold in the building for a median sale price of $4,758,255. Prior to this sale, $7.5 million was the highest price paid for an apartment at 1100 Park Avenue.<\/p>\n<div id=\"attachment_5137\" style=\"width: 483px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/www.warburgrealty.com\/property\/672901\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-5137\" class=\"size-full wp-image-5137 \" title=\"1100-Park-Avenue-New-York-#6A\" src=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/03\/1100-Park-Avenue-New-York-6A.jpg\" alt=\"\" width=\"473\" height=\"174\" srcset=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/03\/1100-Park-Avenue-New-York-6A.jpg 591w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/03\/1100-Park-Avenue-New-York-6A.jpg?resize=300,110 300w\" sizes=\"auto, (max-width: 473px) 100vw, 473px\" \/><\/a><p id=\"caption-attachment-5137\" class=\"wp-caption-text\">1100 Park Avenue #6A | Source: Warburg Realty<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The closing of apartment 6A at 1100 Park Avenue for $8.05 million marked the highest price ever paid for an apartment in the 18-story pre-war coop building. The buyers are Gail Pisano and Joseph Gromek, the latter identified by Bloomberg as the CEO of Warnaco Group Inc., the apparel company. According to the listing description&hellip;<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[89],"tags":[409,172],"class_list":["post-5135","post","type-post","status-publish","format-standard","hentry","category-manhattan-real-estate","tag-1100-park-avenue","tag-manhattan-apartments-for-sale"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CEO Buys Most Expensive Apartment Ever in Park Avenue Building - PropertyShark Real Estate Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2011\/03\/24\/ceo-buys-most-expensive-apartment-ever-in-park-avenue-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CEO Buys Most Expensive Apartment Ever in Park Avenue Building\" \/>\n<meta property=\"og:description\" content=\"The closing of apartment 6A at 1100 Park Avenue for $8.05 million marked the highest price ever paid for an apartment in the 18-story pre-war coop building. The buyers are Gail Pisano and Joseph Gromek, the latter identified by Bloomberg as the CEO of Warnaco Group Inc., the apparel company. 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The buyers are Gail Pisano and Joseph Gromek, the latter identified by Bloomberg as the CEO of Warnaco Group Inc., the apparel company. 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