HR VP spends $1.675M in Cannon Point South

William G. Bollbach and Michael Curcio bought the two-bedroom, two-bath Unit #6N at 45 Sutton Place S. in East Midtown/Turtle Bay from Alan D. Seget and the estate of Harold I. Berk for $1.675 million on July 11.

Mr. Bollbach works as the vice president of human resources business partners consulting group at KeySpan Energy.

He has held several management positions at Brooklyn Union and previously held various human resources positions at Federated Department Stores.

He earned his bachelor's degree in business management from New York University.

Mr. Seget is a partner at Davidson, Dawson & Clark LLP.

He graduated from Yale College (1971) and the University of Pennsylvania Law School (1974). He earned master's degree in laws in taxation from New York University (1981).

Mr. Berk was the co-founder of Aberdeen Sportswear and also the president of the National Outerwear Association.

He passed away in November 2007.

There are 278 units in the 20-story building at 45 Sutton Place South, also known as as Cannon Point South. It was constructed in 1958.

Sales in Cannon Point South jumped from five to 10 from 2006-2007. The median sales price also increased 62 percent during that same time period, from $1.1 million to $1.791 million.

Condo sales in East Midtown/Turtle Bay increased seven percent in 2007 versus sales in 2006. The median sales price, however, rose from $640,000 to $661,000 during the same period.

Address: 45 Sutton Place South, Unit: 16n
Buyer(s): Curcio, Michael, Bollbach and William
Seller(s): Alan D Seget and Harold I Berk
Sale date: Jul. 11, 2008

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