Travel Kingpin Buys $4.86 M. Condo in 15 CPW

Michael Holtz, the owner of the upscale travel agency Smart Flyer and one of the first owners in Richard Meier's Perry Street Tower, bought a $4.86 million condo at 15 Central Park West on Thursday, according to city records.

Mr. Holtz signed the contract for Unit 14K in August 2005, just a few months after he sold his 66th-floor, three-bedroom condo in yet another star-studded building, the Park Imperial, to P. Diddy for almost $4 million. Mr. Holtz had lived in the Park Imperial for only two years when he decided to move to a second-floor glass-enclosed apartment at Perry Street Tower. He now owns three condos in that building in addition to his new purchase at the Robert A.M. Stern-designed 15 Central Park West.