The Real Deal New York

Jack Rudin buys Lenox Hill co-op

Rudin Management chairman snags 825 Fifth Avenue home for $10.5M

May 07, 2014 01:49PM
By Zachary Kussin

From left:

From left: images of the 825 Fifth Avenue listing and Jack Rudin

Rudin Management chairman Jack Rudin, along with wife Susan, bought a residential co-op at 825 Fifth Avenue for $10.5 million, according to records filed with the city today. The two-bedroom, three-bathroom spread was most recently listed for $10.999 million, StreetEasy shows.

Located near East 64th Street, the home looks out onto Central Park. The master suite and living area open up to a west-facing terrace space, which directly overlooks the park.

The home most recently hit the market in early January, according to StreetEasy records, and entered contract in early March. Before that, the spread came online for $12.5 million last April and left the market in December following a price cut to $10.999 million.

Genevieve Sonsino, Barbara Cardozo and Richard McTighe of Douglas Elliman had the listing.

A Rudin representative did not immediately respond to a message seeking comment. The agents, through a spokesperson, declined to comment on the transaction.

Jack is the uncle of Bill Rudin, Rudin Management’s CEO. The company is currently working on a mixed-use building at 55 Broad Street in the Financial District. It’s also behind the condominium conversion of the former St. Vincent’s Hospital in the Greenwich Village, where a penthouse listed for $29 million is currently in contract, StreetEasy shows.

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