Biotechnology CEO sells Upper West Side condo

Medium 9c6444d79deb04a41fdb9d200192075c Dr. Sharon Mates sold a one-bedroom, 1.5-bath condo at 320 Central Park W. on the Upper West Side to Ann P. Hesselink and Paul J. Naour for $950,000 on Oct. 7.

The 980-square-foot Unit #15D is in The Ardsley, an art-deco high-rise overlooking Central Park's Jacqueline Kennedy Onassis Resevoir and the courts at the Central Park Tennis Center.

Dr. Mates is the founder, chairman and CEO of Intra-Cellular Therapies, Inc. (ITI) in New York. She also chairs the New York Biotechnology Association.

Before she formed ITI in 2003, she served as chairman and CEO of Functional Genetics Inc., which she also co-founded. She earned her neuroanatomy and neuroscience from the University of Washington.

The Ardsley was built in 1931 and converted to a cooperative in 1971, and houses 201 units on 19 floors.

According to, there have been 393 condo sales on the Upper West Side during the past 12 months, with a median sales price of $797,500.

Address: 320 Central Park West, Unit: 15d
Buyer(s): Hesselink, Ann P, Naour and Paul J
Seller(s): Mates and Sharon
Sale date: Oct. 7, 2009