The onetime home of financier Ted Ammon, who was murdered in 2001, found a buyer last week. Its $20 million asking price was the most expensive of the 31 luxury Manhattan units that entered into contract the week of May 12 to May 18, according to the latest market report from Olshan Realty.
The unit is located in a Fifth Avenue co-op off East 94th Street. The 4,600-square-foot apartment features four bedrooms, a library, a wood-burning fireplace and a nearly 50-foot great room overlooking Central Park. The apartment was listed in September by its most recent owner, who appears to be investor and businessman Steven Wisch.
Notable residents of the co-op building have included actor Kevin Kline, actress Bette Midler and Walt Disney CEO Bob Iger.
Sabrina Saltiel, the Douglas Elliman agent who listed the property, declined to comment. The final sale price and the identity of the buyer are not yet publicly available.
R. Theodore “Ted” Ammon had worked for investment firm KKR. In October 2001 he was trying to sell the Fifth Avenue apartment and in the process of finalizing his divorce from his wife, Generosa. However, he was found bludgeoned to death in his home in East Hampton, kicking off a saga that gripped local media.
Despite the pending divorce, Generosa Ammon inherited most of Ted Ammon’s $80 million fortune, including the Fifth Avenue apartment. She married electrician Daniel Pelosi, a suspect in the murder, just three months after her husband’s killing.
Generosa Ammon, who did not have any charges brought against her, sold the co-op to Wisch in 2002 after listing it for $10 million, according to the New York Post. She died of breast cancer in 2003, while Pelosi was convicted of the murder in 2004.
The 31 contracts signed for luxury Manhattan units last week was five fewer than the previous week’s total. However, this month is still on track to beat May 2024 in terms of signings. So far this month there have been 100 contracts signed for Manhattan units asking more than $4 million, compared to 118 last May, according to Olshan data.
The second-most-expensive asking price for a luxury unit that entered into contract last week was just under $19.8 million for a co-op apartment at 620 Park Ave. The duplex has four bedrooms, three wood-burning fireplaces and landscaped terraces.
