998 Fifth Pad Sidles Up to Other Gargantuan Quiet Listings, Wants Around $45 M.

Not that it takes a sociology wiz to grasp that showiness falls out of vogue during a recession, but the amount of Manhattan’s so-called quiet listings—prim apartments and townhouses offered with gargantuan asking prices but no public listings—is getting mind-boggling.

According to two sources, a fifth-floor apartment at 998 Fifth Avenue, the McKim, Mead & White–designed co-op that helped make apartments reputable back when it was gauche to not live in a mansion, is...

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