Connect with us

Hi, what are you looking for?

Jewish Business News


David Ganek Asking $44 Million for Jackie O Manhattan Home, Reason: Robbery

The world’s richest apartment building is seeking a new tenant.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

740 Park Avenue


Former hedge fund manager David Ganek is looking to sell his 8, 000 square foot duplex apartment in the 740 Park Avenue co-op building for $44 million. The price comes with the added attraction that Jackie Kennedy Onassis spent her Childhood years there.

According to the listing, the apartment has four bedrooms, six bathrooms, a staff wing and a $13, 278 a month maintenance fee. It also boasts a marble gallery, a grand “sweeping staircase, ” a formal living room with fireplace and bronze bar, a paneled library, also with fireplace, custom built-in bookcases, a chef’s kitchen with a “sunny breakfast room, ” and a formal dining room — with another fireplace.

The master bedroom has two marble bathrooms, two dressing rooms, and two offices.


Jacqueline Kennedy Onassis' former Park Avenue apartment in New York   Photo by Trulia DDavid Ganek


Ganek purchased the apartment in 2012, for $19.1 million. He and his wife Danielle may have chosen to move downtown to a building in Soho in response to a number of high profile robberies in their building last year. The couple reported a pair of diamond earrings, two Patek Philippe watches and other jewelry worth about $100, 000 stolen from their apartment.

Mr. Ganek may also be in need of some cash, since his hedge fund, Level Global Investors, has been forced to close after it was raided by the FBI. The firm was embroiled in an insider trading scandal and Ganek’s partner, Anthony Chiasson, was sent to prison for six and a half years.

Located in Manhattan’s Lennox Hill neighborhood between East 67th and 68th Streets, 740 Park Avenue has been called the world’s richest apartment building. Some of the wealthy elite who made it their home over the years include John D. Rockefeller, Jr., David H. Koch, Stephen A. Schwarzman, Vera Wang, Woody Johnson, Ronald Perelman and Ronald Lauder.

Barbra Streisand, Neil Sedaka and Russian billionaire Leo Blavatnik were all refused admission to the building by its co-op board.

The building most recently housed the French ambassador to the UN, whose residence was sold earlier this year for $70 million.

Built in 1929 in the Art Deco architectural style, the 256 foot tall building has 31 units, including duplexes and triplexes.

Michael Gross wrote about the building in a 2005 book titled 740 Park: The Story of the World’s Richest Apartment Building. Alex Gibney made a documentary movie about it in 2012, titled Park Avenue: Money, Power & the American Dream.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.