MutualFundWire.com: Sold: Neuberger Berman Co-Founder's NYC Apartment Goes for $10.4 Million
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Tuesday, August 16, 2011

Sold: Neuberger Berman Co-Founder's NYC Apartment Goes for $10.4 Million


The New York City apartment that belonged to the late Roy Neuberger has changed hands for $10.4 million, the New York York Observer reports.

David Helfand, ex-chief investment officer of Sam Zell's Equity Office Properties Trust, acquired the three-bedroom apartment on the 10th floor of the Pierre Hotel, according to Bloomberg.

The transaction became complete yesterday, according to the wire service, which also reported that the apartment went on the market in February. The asking price was about $11 million.

Neuberger, who co-founded Neuberger Berman in 1939, died in December at the age of 107.


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