Michael Milstein, son of Milstein Properties founder Howard Milstein, purchased a penthouse at 885 Park Avenue for $20 million with his wife, Claudia. The 6,000-square-foot co-op features six bedrooms, seven bathrooms, and a 3,200-square-foot wraparound terrace with Central Park views. Originally listed for $35 million, the unit last asked $27.5 million. Built in 1927, the building has housed NFL commissioner Paul Tagliabue and Rockies co-owner Marne Obernauer Jr.
885 Park Avenue
