Former managing director at Morgan Stanley Charles G. Phillips and his wife Candace are selling their penthouse for $40 million, according to the New York Times.
Their children are now grown, so they don't need the huge amount of space the Park Avenue triplex offers.
The apartment was built in the 1920s by famous Italian-American architect Rosario Candela, and his influence still radiates through the apartment.
Welcome to 775 Park Avenue, smack dab in the heart of New York City's Upper East Side and a mere two blocks from Central Park.
The house is part of a building designed by famous turn-of-the-century architect Rosario Candela. It's considered one of his great works, and the apartment has been carefully restored with his original work in mind.
The apartment was designed by Candela with entertaining in mind, and the dining room is big enough to host a banquet-style dinner.
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