jerry-francesco

Oil Exec Cuts Prices at Metropolitan Tower

cityfile · 05/11/09 07:36AM

• A.R. "Tony" Sanchez Jr., the heir to a Texas oil and banking empire founded by his father, has dropped the price of his 76th-floor apartment at the Metropolitan Tower at 146 West 57th Street. The five-bedroom spread, which went on the market for $15 million in June 2008, is now $11 million. [Cityfile, BHS]
• Entrepreneur Jerry Francesco and his wife, Lucille, paid $7.9 million for a 3,300-square-foot penthouse at the Brompton on East 85th Street. The couple is now suing the building they used to call home, One Beacon Court. [NYT]
• Samuel Nussbaum, an executive vice president at the insurance company WellPoint, has paid $2.095 million for a 21st-floor pied-à-terre at 70 Battery Place. [Cityfile]