Aby Rosen, Alberto Mugrabi buy at Schumacher

From left: The Schumacher, Alberto Mugrabi and Aby Rosen (credit: Clint Spaulding for PMc), and an interior
From left: The Schumacher, Alberto Mugrabi and Aby Rosen (credit: Clint Spaulding for PMc), and an interior

RFR Holding chief Aby Rosen and art mogul Alberto Mugrabi are buying apartments at the Schumacher, a 21-unit loft condominium conversion in Noho, the Wall Street Journal reported.

Rosen is in contract to buy a three-bedroom, 3.5-bathroom, 2,408-square-foot condo asking $8.5 million. Mugrabi is in contract to buy two triplex units listed at $10.995 million and $9.7 million that he wants to combine into a single 8,719-square-feet space that will wrap around the building’s courtyard, John Gomes of Douglas Elliman told the newspaper.

Mugrabi, who attended Rosen’s birthday bash in May, visited the sales center with the developer with “no intention of buying an apartment” but soon “fell in love with the project.” Gomes said.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

Mugrabi acquired the rights to display a sculpture in the courtyard. Gomes shares the listing with “Million Dollar Listing New York” star Fredrik Eklund, also of Elliman.

The seven-story building at 36 Bleecker Street will be ready for move-ins by December 2014, instead of September 2014 as previously reported. [WSJ, 1st item]Mark Maurer