Bud Fox offered $950,000 for his apartment.
Bud Fox's Iconic Apartment Purchase
In Oliver Stone's 1987 film "Wall Street," the ambitious young stockbroker Bud Fox purchased a significant piece of Manhattan real estate. His apartment, a penthouse unit, was located in the prestigious St. James Tower in the Sutton Place neighborhood.
This acquisition marked a pivotal moment in Bud Fox's ascent, symbolizing his newfound wealth and status in the high-stakes world of finance.
Apartment Details and Value Comparison
The purchase price of $950,000 was a substantial sum at the time for a residential property in Manhattan. To put this into perspective, the value of similar units in the same building has significantly appreciated over the decades.
| Aspect | Bud Fox's Purchase (1987) | Modern Valuation (Circa 2010, per sequel release) |
|---|---|---|
| Location | St. James Tower, Sutton Place, Manhattan | St. James Tower, Sutton Place, Manhattan |
| Type | Penthouse Apartment | Similar Units |
| Purchase Price | $950,000 | Nearly $6,000,000 |
This dramatic increase highlights the long-term appreciation of prime New York City real estate, especially in desirable neighborhoods like Sutton Place. The jump from under a million dollars to nearly six million dollars for comparable properties underscores the economic shifts and real estate boom that have occurred since the film's initial release.
