$48,836,000: The Official New Co-op Record

A few minutes ago, the deed for that spectacularly, mind-bogglingly amazing $48,836,000 penthouse sale at 1060 Fifth Avenue was filed in city records. According to the deed, the deal was signed on July 29, which means the hedge fund manager Scott Bommer and wife Donya took exactly six months and six days to flip their $46 million penthouse for $2,900,000 more than they'd paid in January.

"Sometimes a cigar is just a cigar, is what I’m saying," the investor Glenn Greenberg, who used to live in the apartment, told The Observer earlier this week when asked about the Bommers' sale. "Sometimes it’s no more complicated than somebody changes their mind and the opportunity presents itself. And they go live in something that suits them better.”

The buyer is listed anonymously on the deed as Park View Trust.