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Peters puts NYC condo on market for over $8M

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Posted: Wednesday, June 11, 2014 8:00 pm | Updated: 9:47 pm, Wed Jun 11, 2014.

Santa Fe businessman and art dealer Gerald Peters is hoping to sell his condominium on New York City’s Upper East Side that he bought 10 years ago — and hoping to make a $5 million-plus profit on it — a New York paper is reporting.

According to The New York Observer, Peters in 2004 paid $2.8 million for the three-bedroom, 2,070 square-foot apartment that overlooks Central Park. He purchased it in 2004 from luxury-home builder Robert Toll of Toll Brothers, the paper said.

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