Liberty Travel Co-Founder Gilbert Haroche Scores $70 Million for Sherry-Netherland Co-Op

Gilbert Haroche, co-founder of popular travel agency Liberty Travel, just unloaded his full-floor co-op at the Sherry-Netherland—located on the corner of 59th Street and Fifth Avenue—for a jaw-dropping $70 million.

Luxury Apartment in Sherry-Netherland Hotel
The Sherry-Netherland Lobby

Though the figure is $25 million less than its initial asking (Haroche and his wife, Charlene, first listed the property in 2012), it’s still one of the priciest co-ops ever sold in New York City, raking in nearly as much as financier Israel Englander‘s “crash pad” for his grandchildren at 740 Park Avenue (which sold for $71.3 million), and just as much as Egyptian billionaire Nassef Sawiri‘s purchase of late Edgar Bronfman‘s former home at 960 Fifth Avenue. Comprised of seven bedrooms and eight baths, Haroche’s 8,000-square-foot posh pad—which was represented by Douglas Elliman Real Estate in the sale, and costs $60,000 per month to maintain—features views of Central Park from its three large terraces.

Luxury Apartment in Sherry-Netherland Hotel

Its new owner is reportedly from China, which is rather unexpected given that the co-op board has been known to strongly favor Americans over foreigners. Residents of The Sherry-Netherland—a luxury hotel—enjoy twice-daily maid service, room service from Cipriani, and access to The Doubles Club (a private club downstairs).

The Sherry-Netherland

Photos and details courtesy of The Real Deal

Related Posts

This custom built home is on the market for only the second time in its history and offers an extraordinary
Enjoy breathtaking views from each floor of this modern luxurious property that comes fully furnished down to the linens and
Leading real estate development firm MG Developer proudly announces a record breaking milestone for their highly anticipated residential project The

Latest Posts