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Toys 'R' Us Founder Sells Off Luxe NYC Co-Op That Toys Bought

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Toy baron Charles Lazarus, who founded the now-ubiquitous Toys"R"Us chain back in 1948, did not live, as some might have suspected, on some Willy Wonka-esque estate packed with children's playthings. Instead, the fun peddler shacked up for years in a sprawling duplex in one of NYC's most exclusive—and staid—co-ops, 960 Fifth Avenue. That was until this week, when Peruvian billionaire Carlos Rodriguez-Pastor closed on a $21M purchase of Lazarus' former apartment. Listed in November for $25M, the duplex sits on the 10th and 11th floors of the storied building, which boasts a private restaurant and a rooftop gym.

· Toys "R" Us Founder Sells $21M Co-op to Peruvian Billionaire [Curbed NY]