Hollywood producer and DreamWorks co-founder David Geffen sold his Manhattan apartment to billionaire Eugene Shvidler for $24.5 million in an off-market deal, property records show.
The sale of the two-bedroom, two-and-a-half bathroom apartment closed on May 3, the records show. Mr. Geffen, 75, purchased the property in 2010 for $14.17 million from Robert A. Daly, a fellow media mogul who has run CBS and Warner Bros.
The apartment was first listed in 2016 for $27.5 million. The listing was removed last year, StreetEasy records show. At the time, the listing was being handled by Corcoran. One of the agents, David Adler, declined to comment on the sale.
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The top-floor apartment is located in a luxury co-op building dating to 1963 on the southeast corner of Central Park, near iconic locations such as The Plaza Hotel and The Metropolitan Club.
At 5,000-square-feet, the apartment has a large great room, a screening room, a powder room, a wet bar, an eat-in kitchen and a laundry room, according to the former listing.
The master suite, which overlooks Central Park, has a separate dressing room and sitting area.
Mr. Geffen has been on a bit of a real estate selling spree. Last year, he sold his Malibu mansion for $85 million in another off-market deal. In 2016, he sold his East Hampton estate for $67.3 million after buying a beachfront property nearby.
Mr. Shvidler, 54, a billionaire who made his money in Russian oil in the 1990s, is executive chairman of Highland Gold Mining Ltd., which operates gold mines in Eastern Russia.
Neither Mr. Geffen nor Mr. Shvidler could be reached for comment.
This story was first reported by The Observer.
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