(4-08-2008) Beautiful Deal: Bono Finally Sells El Dorado Co-Op for $4.9 M - Observer*

hippy · 04-08-2008, 07:32 PM

Beautiful Deal: Bono Finally Sells El Dorado Co-Op for $4.9 M.

by Max Abelson

New York suffered a brutal blow to its ego last week when Madonna said she was totally over Manhattan. “It’s not the exciting place it used to be,” the singer said. “It still has great energy; I still put my finger in the socket. But it doesn’t feel alive.”

So when The Observer found a real estate record filed just this morning that said Bono and his wife Ali Hewson had sold their Central Park West apartment, it seemed crushing. Could Madonna and Bono both be abandoning New York in the same short span? No.

According to the $4.9 million deed, the co-op is Bono’s old 2,322-square-foot apartment at the El Dorado at 90th Street and Central Park West.

He first bought the place for $3.4 million, but left it five years ago for Steve Jobs’ old apartment at the San Remo down the block. (Mr. Jobs sold the place for around $14.5 million, less than the reported $15 million he spent on renovations that involved both Robert A.M. Stern and I.M. Pei.)

Even though Bono bought that co-op in April 2003, he put the El Dorado apartment on the market in March 2006 for $5.95 million, a brokerage database shows, though the price was reduced to $5.5 million in June. Instead of the 12-foot, 800-pound doors in his new co-op, this littler place has two petite bedrooms, a nicer-sized master suite, and a 320-square-foot terrace and living room facing Central Park. All that now goes, the deed says, to a couple from Westchester.

But life for Bono at the San Remo hasn’t been entirely perfect: He squabbled with neighbors, including lesser arena rock star Billy Squier, over hazardous smoke wafting up into his penthouse duplex.

http://www.observer.com/2008/beautif...do-co-op-4-9-m

forbonou2 · 04-08-2008, 08:16 PM

At least Bono won't have to put up with that smoke in his place anymore!!

Lally1011 · 04-09-2008, 10:03 AM

Wait...who's doin the smoking, Billy or Bono?

The article reads "...he squabbled with neighbors..."

Sounds like more than one to me.

Carek1230 · 04-09-2008, 04:33 PM

What does even a rock star need with two apts on the same block in the same city? Good for him selling one. Hope Bono and Ali got what it was REALLY worth in the real estate market of today.

Aardvark747 · 04-14-2008, 05:05 AM

Haha! Nice to know even Bono gets neighbours from hell!

Nilthoron · 05-11-2008, 09:39 PM

neighbours from hell , lol

04-08-2008, 07:32 PM	#1
hippy ONE<br>love, blood, life Premium Gold Member Join Date: Nov 2001 Location: Lookin' for the face I had before the world was made Posts: 12,168 Local Time: 08:46 AM Images: 143	(4-08-2008) Beautiful Deal: Bono Finally Sells El Dorado Co-Op for $4.9 M - Observer* Beautiful Deal: Bono Finally Sells El Dorado Co-Op for $4.9 M. by Max Abelson New York suffered a brutal blow to its ego last week when Madonna said she was totally over Manhattan. “It’s not the exciting place it used to be,” the singer said. “It still has great energy; I still put my finger in the socket. But it doesn’t feel alive.” So when The Observer found a real estate record filed just this morning that said Bono and his wife Ali Hewson had sold their Central Park West apartment, it seemed crushing. Could Madonna and Bono both be abandoning New York in the same short span? No. According to the $4.9 million deed, the co-op is Bono’s old 2,322-square-foot apartment at the El Dorado at 90th Street and Central Park West. He first bought the place for $3.4 million, but left it five years ago for Steve Jobs’ old apartment at the San Remo down the block. (Mr. Jobs sold the place for around $14.5 million, less than the reported $15 million he spent on renovations that involved both Robert A.M. Stern and I.M. Pei.) Even though Bono bought that co-op in April 2003, he put the El Dorado apartment on the market in March 2006 for $5.95 million, a brokerage database shows, though the price was reduced to $5.5 million in June. Instead of the 12-foot, 800-pound doors in his new co-op, this littler place has two petite bedrooms, a nicer-sized master suite, and a 320-square-foot terrace and living room facing Central Park. All that now goes, the deed says, to a couple from Westchester. But life for Bono at the San Remo hasn’t been entirely perfect: He squabbled with neighbors, including lesser arena rock star Billy Squier, over hazardous smoke wafting up into his penthouse duplex. http://www.observer.com/2008/beautif...do-co-op-4-9-m __________________ Write for Interference! Email or PM me (kim@interference.com) if you're interested.

04-09-2008, 04:33 PM	#4
Carek1230 Lipstick wearing Hockey Mom Premium Gold Member Join Date: Nov 2002 Location: The Beach, don't hate. Posts: 48,847 Local Time: 05:46 AM	What does even a rock star need with two apts on the same block in the same city? Good for him selling one. Hope Bono and Ali got what it was REALLY worth in the real estate market of today. __________________

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04-08-2008, 08:16 PM	#2
forbonou2 Refugee Join Date: Oct 2001 Location: Jacksonville,FL USA Posts: 1,764 Local Time: 01:46 PM	At least Bono won't have to put up with that smoke in his place anymore!!

04-09-2008, 10:03 AM	#3
Lally1011 The Fly Join Date: May 2005 Posts: 252 Local Time: 01:46 PM	Wait...who's doin the smoking, Billy or Bono? The article reads "...he squabbled with neighbors..." Sounds like more than one to me.

04-14-2008, 05:05 AM	#5
Aardvark747 Blue Crack Addict Join Date: Jul 2004 Location: Obscured By Clouds... Posts: 19,876 Local Time: 01:46 PM	Haha! Nice to know even Bono gets neighbours from hell!

05-11-2008, 09:39 PM	#6
Nilthoron The Fly Join Date: May 2008 Location: a nice place to visit Posts: 36 Local Time: 09:46 PM	neighbours from hell , lol