The former head of the money-management powerhouse known today as AllianceBernstein has unloaded his Central Park co-op.
Dave Williams, who for two decades chaired Alliance Capital Management Corp., sold the 5,200-square-foot prewar duplex on Fifth Avenue on March 24 for $14.8 million, according to a transfer tax record that appeared in the city register Wednesday.
There is no document in the register showing what Williams paid for the five-bedroom, three-and-a-half-bath unit, which features a formal dining room, a paneled library with a fireplace and a 32-foot-long living room with a fireplace and park views. The lack of one suggests Williams and his late wife, Reba Miller, a former securities analyst who also spent years with Alliance, purchased the unit prior to the 1970s, which is about as far back as co-op tax records go.
But Williams did initially envision fetching more for the apartment, which sits inside a 16-story, 24-unit prewar building at East 64th Street whose occupants have included media mogul Rupert Murdoch, New York Jets owner Woody Johnson and author Suzy Welch.
In fact, when he first listed the co-op unit in January 2024, Williams sought $18 million, though he ended up accepting an offer for about 15% less.
The buyers of the co-op are Karl Slatoff, a technology executive behind the video game smash “Grand Theft Auto,” and his wife, Yvette. Since 2013 Slatoff has served as president of Take-Two Interactive Software, a New York-based holding company whose adventure and action offerings also include “Red Dead,” “Max Payne” and “NBA 2K.”
Williams stepped down from Alliance in 1999, the year before the firm acquired Sanford C. Bernstein & Co. and merged into the global mutual fund behemoth it is today. For years AllianceBernstein was based at 1345 Sixth Ave. in Midtown. But in 2018 it began relocating all operations to a new headquarters in Nashville, Tennessee. According to its website, the 4,200-employee firm handles more than $800 billion in assets today.
Williams may have earned his fortune on Wall Street, but he and his wife also made a major name for themselves as collectors and exhibitors of American prints from the late 19th century and beyond. About 5,000 works from their 6,000-piece collection, including creations by Winslow Homer, Lee Krasner and Childe Hassam, are held by Washington, D.C.’s National Gallery of Art.
In October Reba Williams died in Greenwich, Connecticut, where the couple also owned a home.
Corcoran Group agent Deborah Grubman, who helped market the Williams’ apartment, declined to comment.
