The New York City apartment that belonged to the late Roy Neuberger has changed hands for $10.4 million, the New York York Observer reports.

David Helfand, ex-chief investment officer of Sam Zell's Equity Office Properties Trust, acquired the three-bedroom apartment on the 10th floor of the Pierre Hotel, according to Bloomberg.

The transaction became complete yesterday, according to the wire service, which also reported that the apartment went on the market in February. The asking price was about $11 million.

Neuberger, who co-founded Neuberger Berman in 1939, died in December at the age of 107. 

Edited by: Armie Margaret Lee


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE