Bronfman Finishes 1040 Fifth Deal for $21 M.

Edgar Bronfman Jr. has sold his 11-room duplex at 1040 Fifth Avenue for $21 million.

My colleague Max Abelson reported in June that the Warner Music chairman and liquor heir had gone to contract for between $20 million and $21 million. That was below the asking price of $24 million but above the price he paid for it in January--$19.5 million.

Mr. Bronfman's generally good at these things. From The Observer this past week:

In under 12 months, the [Bronfmans have] now been involved in no less than six of New York City’s biggest sales: Last October, they sold their 31-foot-wide townhouse on East 64th Street to the oil magnate Len Blavatnik. read more »

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