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15CPW Alert! Mist Mogul Buys for $5.4 M.

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April 10, 2008 | 11:49 a.m.
15CPW Alert! Mist Mogul Buys for $5.4 M.

A mogul who made a fortune on portable, personal cooling devices paid $5.4 million for a 26th-floor condo at 15 Central Park West, city records show. Steven Bandawat bought the Arizona-based Misty Mate in 2004 and the company has since become the jewel in the crown of a portfolio that also includes Bromwell Housewares and Michiana Forge. Since then everyone from the U.S. military to the 1996 Summer Olympics have used the company's "misters."

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