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Dow Chemical chief shells out $10.75M to be Cameron Diaz’s neighbor at Walker Tower

New York Daily News // Jan 30, 2015

Dow Chemical’s fourth quarter profits far exceeded analysts’ estimates despite languishing oil prices. Now, the corporation’s CEO is rewarding himself with a chic Manhattan pad.

 

Andrew Liveris, who has served as Dow’s top dog since 2004 and reportedly takes home a tidy $41.5 million a year in compensation, has landed a $10.75 million apartment at Walker Tower, the high-profile condo tower on W. 18th St. that’s also home to celebs such as Cameron Diaz, the Daily News has learned.

 

The property last traded for a comparatively meager $6.98 million just over a year ago, records show.

 

The 17th-floor, 2,500-square-foot pad has three bedrooms, sweeping views of Midtown, French herringbone oak flooring and 12-foot ceilings.

 

The building, designed by architect Ralph Walker in the 1920s, was transformed into a luxury condo by developers JDS and Property Markets Group several years ago.

 

Listing brokers Emily Beare and Christian Rogers of Core were not immediately available for comment. A spokesperson for Core said the deal was just the third resale in the building.

Original Article: New York Daily News