Posted by Leonard Steinberg on January 27th, 2012

Denise Rich, a songwriter for Celine Dion, Chaka Khan, Diana Ross, Mandy Moore/billionairess/heiress/divorcee, has placed her 785 Fifth Avenue penthouse, scene to numerous swell gatherings over the years, on the market for sale for $ 65 million, making it New York’s most expensive co-op listing…… the recent $ 88 million 15 Central Park West Sandy Weil penthouse sale comes to  mind.  This pricing clearly demonstrates the difference in pricing between co-ops and condo’s although 15 CPW was newly renovated: will the co-op board of 785 Fifth accept a buyer with a similar profile as the Russian buyer of 15 CPW?