Venture capitalist Lindsay Rosenwald oversees Paramount Biosciences in New York, a biotech incubator that “takes ideas from molecule to market” by nurturing nascent ideas, then lining up additional institutional investors for the startups in its portfolio that take off.
Looks like he might make more, faster, by flipping real estate.
The New York Post reports today that Rosenwald, a former MD, has listed his four-bedroom, six-bath Central Park apartment, which features more than 1,100 square feet of outdoor terrace, for $90 million. He bought the pad last month for $30 million.
According to the paper, it’s the highest asking price for a Manhattan residence that the city has ever seen “and, by far, the highest price per square foot – at just under $16,000 for the 5,900 square feet of interior space.”