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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