![]() There was no need to secure a mortgage he could send sixty-eight million dollars in cash. A Chinese businessman calling himself Miles Guo wanted the most expensive unit in the building-a penthouse that occupies the entire eighteenth floor, with six bedrooms, nine bathrooms, and three terraces. ![]() On a winter day in 2015, the Sherry’s co-op board received an unusual application. Through the years, the Sherry has accommodated the occasional celebrity-Diana Ross, Francis Ford Coppola, David Bowie-but, like other buildings of its kind, it tends to prefer quieter money. It has panoramic views of Central Park, décor inherited from a Vanderbilt mansion, and amenities befitting a luxury hotel room service comes from the Harry Cipriani restaurant downstairs. ![]() The Sherry-Netherland, a slender neo-Renaissance tower at 781 Fifth Avenue, is known as one of New York’s “white glove” co-ops, for the linen gloves that the elevator attendants wear. This content can also be viewed on the site it originates from. ![]()
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