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Canyon CEO Mitch Julis puts $26M NYC apartment on market

May 22, 2012   Rob Copeland


Home in swanky 15 Central Park West offers “luxury after luxury,” report says.

   
   

Mitch Julis, co-founder of Los Angeles-based Canyon Capital Advisors has listed his posh New York City apartment for $26 million, a whopping 152% more than he paid for it just four years ago.

The three bedroom, three-and-a-half bathroom condo is on the fourth floor of 15 Central Park West, one of the city’s swankiest buildings, the New York Observer reported. Masters of the universe in need of soothing can calm themselves in a Central Park-facing soaking tub while dinner cooks in the double wall oven and Brooks Brothers shirts tumble in the commercial-sized washer and dryer. Or buyers can invite neighbors, such as Third Point founder Dan Loeb, to a separate seventh-floor studio (included in the deal) for a light discussion of resume construction or the future of the Internet.

Julis, who cofounded $17.4 billion Canyon with Josh Friedman, said last year at the 2011 AR Symposium that investors should be humble about their ability to predict the future. He’ll certainly prove prescient if he gets his price, having bought into the Robert A.M. Stern-designed building above Columbus Circle for a relatively meager $10.3 billion in 2008.

Other famous residents of the building reportedly include Och-Ziff founder Dan Och, Goldman Sachs chief executive Lloyd Blankfein, sportscaster Bob Costas, actor Denzel Washington and pop star Sting.

See also: Canyon Capital raises cash to meet redemptions


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