Comcast CFO Buys New York Co-Op for $10.5M
The Real Deal reports that Michael Angelakis, Comcast’s chief financial officer, has purchased a New York co-op repeatedly owned by very wealthy people. Angelakis bought the Hampshire House unit for $10.5 million from Peter Georgescu, chairman emeritus of Young & Rubicam, who paid Wall Street exec Robert Feduniak $8 million for it two years ago. This means that Angelakis now has two units in the Central Park South building.
Angelakis’ primary home, of course, is in the Philadelphia area — on Gladwyne’s Lafayette Road. That six-bedroom, nine-bath house — which he bought in 2007 for $8.2 million — has almost 12,000 square feet of living space, dwarfing his new pied-à-terre in Manhattan, which is about 2,000 square feet.
• Comcast CFO Buys Hampshire House Co-Ope for $10.5M [The Real Deal]