To make a sale in Manhattan’s overcrowded luxury residential market, it might just help to be president. The buyer of the 4,164-square-foot 28th-floor penthouse was Angela Chen, who previously lived on the building’s fifth floor. The last time Trump sold a unit at the tower was in January 2016. That was to Robert Tillis, chief executive officer of Jersey City, New Jersey-based Imperial Bag & Paper Co., who bought a the 27th-floor penthouse for $14.05 million, according to city property records. Trump Park Avenue, previously known as the Delmonico Hotel, was renovated by Trump in 2002, and his Trump Organization still owns about 20 units, public records show.

Source: National Post March 07, 2017 14:48 UTC