Barbara Corcoran Sells NYC Penthouse Well Above Asking Price

The queen of real estate, Barbara Corcoran, has officially parted ways with her New York City penthouse, closing for $13.5 million. The property sparked a bidding frenzy when it hit the market in May, with offers flooding in almost instantly. A deal was reached just one day later, with the buyer offering $1.5 million above the asking price. The Corcoran Group founder netted a paper profit of $3.5 million, having originally bought the iconic penthouse in 2015 for $10 million.

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