Private Equity Exec Gets a Discount at 941 Park

It looks like private equity exec Leigh Abramson is holding up just fine amid the global financial crisis. The former Morgan Stanley Capital Partners honcho and managing director of Metalmark Capital picked up a duplex at 941 Park Avenue for $12.5 million, $2 million less than what the apartment was originally listed for back in April. (Abramson's timing also worked out in his favor: Metalmark was acquired by Citigroup in late 2007, back when the bank was still overpaying for acquisitions.) According to the listing, the five-bedroom apartment was the longtime home of the late pianist Arthur Rubinstein; now Abramson will get to chat about the unraveling economy with fellow resident Stan O'Neal, the disgraced former CEO of Merrill Lynch. Click through for a few photos and a floorplan of the spread.

Private Equity Exec Gets a Discount at 941 Park
Private Equity Exec Gets a Discount at 941 Park
Private Equity Exec Gets a Discount at 941 Park