Co-Op Record-Setter Georgia Shreve Buys on Park Avenue

Last week's Observer broke the news that a poet and fiction writer named Georgia Shreve has agreed to sell her 1060 Fifth penthouse for $46 million, the biggest co-op deal ever in New York City. Rupert Murdoch, sadly, is now in second place.

City records filed last week and in August show that Ms. Shreve isn't moving far. She bought two penthouse units, plus no less than four storage rooms, at the East 87th Street condo Park Avenue Court. She paid $11.65 million, deeds show.

When first asked how it felt to be selling her old apartment for an unheard-of price, this is what she told The Observer: “Well, I feel nostalgic, because my kids grew up here. But it’s not a bad feeling to have it sell at a good price. I have bought another duplex penthouse with a great view, so I’m not that unhappy.”

Even better, buying in a condominium means Ms. Shreve won't have to deal with co-op boards. At 1060 Fifth, she spent two years trying to combine her two units in the style of 18th-century designer Robert Adam; her building turned the plans down.