February 2nd, 2015

Nice Digs

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

Andrew Liveris's company posted good profits in Q4

Jeff Bachner/for New York Daily News Units at Walker Tower are the ultimate in luxury, as seen in the model apartment

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.

Jeff Bachner/for New York Daily News The building was converted into condos a few years ago

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.

http://www.nydailynews.com/life-style/real-estate/dow-chemical-chief-shells-10-75m-manhattan-pad-article-1.2098150