The Real Deal New York

Michael Hirtenstein has closed on his $16.8 million, five-apartment purchase at One York Street, on the corner of St. Johns Lane, in Tribeca. Telecommunications mogul Hirtenstein had earlier walked away from a deal to buy six units for more than $25 million in the Enrique Norton-designed building. He ended up purchasing a 9,000-square-foot residence with 6,000 square feet of outdoor space. He told the New York Post he plans to use the home for philanthropic events.