Muckety
 
 
 
 
 

Retired AIG exec pays $3.45 million cash for Central Park South coop

By Carol Eisenberg

October 2, 2008 at 12:24pm

Some people have a knack for exits.

Robert M. Sandler retired as an executive vice president from American International Group in April – less than six months before the insurance giant was rescued from the brink of collapse by an $85-billion federal bailout.

Earlier this week, Sandler and his wife, Annette, paid $3.45 million in cash for a three-bedroom coop at 150 Central Park South, where their neighbors will include Italian Baroness Mariuccia Zerilli-Marimo and lawyer Michael Kennedy and wife Eleanore.

A Corcoran agency listing, cited by the New York Observer, describes a 2,045-square-foot coop in Hampshire House with windowed kitchen and custom cabinetry, a master bedroom suite with two walk-in closets; a steam shower and Jacuzzi, new herringbone floors and a monthly maintenance charge of $4,333.


View Larger Map

That shouldn’t break the bank for the Sandler household, though.

Besides taking home $1.45 million in salary and bonus last year, Sandler received stock awards and other long-term compensation that resulted in a package calculated by Business Week at $10 million last year.

A retirement notice from AIG said the 40-year veteran would serve as a consultant through the end of this year.

Follow Muckety on Twitter Tweet This! Share on Facebook

Click here to sign up for the Muckety Newsletter

 Read related stories: Real Estate  

0 Comments

  • There are no comments yet, be the first by filling in the form below.

Leave a Comment

The relationship map to the left is interactive.
• Solid lines are current relations. Dotted lines are former relations.
• Expand items with + signs by double-clicking or by selecting multiple items in the map and pressing the "e" key.
• Move an item in the map by clicking and dragging.
• You can also delete items, separate boxes and save maps. Right-click on the map or select Map Tools for these options.
• Find out more about an item in the map by right-clicking on the item and choosing Information about...
• View map color key.
• This interactive map requires Flash player.


Become a fan of Muckety on Facebook

  • Search for stories
      
    Special Features

Follow Muckety on Twitter Follow Muckety on Twitter
Muckety has no direct connection to most of the people or organizations listed on these pages.
We are unable to forward personal messages or provide personal contact information.
We make every effort at Muckety to ensure that our data is correct and timely. However, relationships are in constant flux and we cannot guarantee accuracy. If you come across incorrect or outdated information, please let us know by email.
© 2017 Muckety LLC