J. Michael Evans Sells Park Laurel Penthouse
Goldman Sachs executive J. Michael Evans has sold his condo inside Park Laurel at 15 West 63rd Street for whopping $23.75 million. The penthouse, designed by Gwathmey, was sold just in the nick of time, right before the New Year. Well, it was most likely a wise decision in order to avoid capital gains taxes brought by the fiscal cliff.
The 40th- and 41st-floor duplex penthouse had been on the market for 16 weeks and was purchased by Mr. Evans in 2003 for $10.3 million. The apartment has 11 rooms, 5 bedrooms and 5 bathrooms, with just as many half baths. Why on Earth it has so many is anyone's guess. Maybe cleanliness really is next to godly-ness? Mr. Evans used the 5,000-square-foot pad as a pied a terre and only occasionally stayed there.
Mr. Evans is the global head of Growth Markets, Vice Chairman of Goldman Sachs and chairman of Goldman Sachs Asia.
The Park Laurel, built in 2000, has 53 units and offers its residents amenities like a fitness center, children’s playroom, laundry service and a 24-hour concierge.