search

The Real Deal Logo

Trending

Billionaire hedge funder Larry Robbins makes South Florida moveBillionaire hedge funder Larry Robbins makes South Florida move“I wouldn’t use it, I would just lock the door”: Landlords pan new rehab law“I wouldn’t use it, I would just lock the door”: Landlords pan new rehab lawHousing deal finally passes; here are the detailsHousing deal finally passes; here are the detailsHow Hochul played the “good cause eviction” game, and wonHow Hochul played the “good cause eviction” game, and won
New York

Widow of Bernie Madoff’s son sells Soho condo for $9M

Stephanie Mack and her late husband bought the unit for $6.1M in 2005

From left: 158 Mercer Street in Soho and Stephanie Mack with Mark Madoff
From left: 158 Mercer Street in Soho and Stephanie Mack with Mark Madoff

Stephanie Mack, widow of infamous Ponzi schemer Bernie Madoff’s son Mark Madoff, has officially sold the couple’s Soho apartment for $9 million, according to property records filed with the city Monday.

Michael Karp, a Pennsylvania-based developer, is listed as the manager of 158 Mercer Street Associates 4M LLC, the entity that bought the unit, property records show.

The three-bedroom apartment at 583 Broadway, also known as 158 Mercer Street, spans 4,169 square feet and includes two-and-a-half bathrooms. It’s also the place where Mark Madoff committed suicide in 2010.

Sign Up for the undefined Newsletter

The couple paid $6.1 million for the apartment in 2005.

Sotheby’s International Realty’s Stephen McRae and Debbie Korb had the listing. McRae and Korb could not immediately be reached.

Vera Wang’s ready-to-wear flagship store is located in the building. Jon Bon Jovi recently sold his unit in the building for $34 million. Arianna Huffington bought a pad in the Soho building in 2013 for $8.2 million.