Grand Park Avenue co-op sells for $16M

A duplex co-op at 655 Park Avenue — commissioned by a Rockefeller in 1924 — has sold for $16 million, according to city records. This marks the first time that the spread has traded hands in more than two decades.

Located between 67th and 68th streets in Lenox Hill, this 5,000-square-foot home boasts a dining room with space for 36 guests, a nearly six-foot tall marble fireplace in the living room and 24-carat gold-leaf molding that caps the private elevator foyer and a 36-foot entrance gallery.

Karen McGarry Karp, identified in previous reports as a collector and amateur interior decorator, sold the home to Lacey Tisch. Tisch appears to be the granddaughter of Laurence Tisch, who was the chairman and CEO of Loews Corporation. Neither could immediately be reached for comment. Karp was the home’s third owner.

“It’s a piece of divinity,” she told the New York Times this past September, when the digs hit the market for $16.9 million. “It is really elegant and totally dramatic and yet it manages to feel homey. The first time I saw it I fell in love with it.”

The home has five bedrooms, five full bathrooms and two half bathrooms, according to the listing. One of the half baths is tucked away underneath the home’s sweeping staircase. Other amenities of note are the double-size corner living room and a library with hand-painted cabinetry.

The listing was a co-exclusive between Howard Margolis and Pat Slochower of Douglas Elliman and Kirk Henckels of Stribling & Associates.

“All the rooms were grand proportions,” Margolis said in a statement to LLNYC. “It was a wonderful property to work on.”

“It was beautifully decorated and perfect for both entertaining and family purposes,” Henckels said in a separate statement. “It is unusual to have both!”

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