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Tuesday, May 24, 2011|
A Neuberger Exec Sells His NYC Penthouse for $8.6 Million
Neuberger Berman CEO George Walker is in the news, but not for his work with the New York City-based asset manager. Walker has reportedly sold his penthouse on Greene Street in Manhattan's SoHo district for $8.63 million. That's about eight times what he paid for the penthouse back in 2002.
The New York Observer and Real Estate Weekly both reported yesterday on the sale.
Walker, a second cousin of former president George W. Bush, purchased the penthouse for $1.05 million in 2002.
The two publications also noted that Walker bought a $13.95 million townhouse down the street from NYU's Rubin Hall in 2008.
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