What Recession? Fifth Avenue Home Sells for $40 Million

A deep-pocketed buyer has paid an eye-popping $40 million for a Fifth Avenue mansion — the biggest home sale in the city since the start of the recession.

But the 19,500-square-foot Duke Semans townhouse at 82nd Street, close to the Metropolitan Museum of Art, could be considered a bargain.

It sold for $10 million below asking price, the New York Post reported.

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