search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aCharles Cohen’s 750 Lex value slashed by 83%, foreclosure loomsCharles Cohen’s 750 Lex value slashed by 83%, foreclosure loomsMeridian’s Ralph Herzka gives rallying call, despite strugglesMeridian’s Ralph Herzka gives rallying call, despite strugglesOffice upgrades, concessions to lure tenants add “killer” cost: Steven RothOffice upgrades, concessions to lure tenants add “killer” cost: Steven Roth
New York

Alibaba exec Timothy Steinert grabs $9.5M Ansonia pad

Michel Madie was the seller.

From left: 2109 Broadway on the Upper West Side, with Timothy Steinert and Michel Madie (inset)
From left: 2109 Broadway on the Upper West Side, with Timothy Steinert and Michel Madie (inset)

You can buy almost anything on Alibaba, but for a deluxe pad in a New York classic building, you have to go to the source.

The Alibaba Group’s general counsel and corporate secretary Timothy Steinert dropped $9.5 million on a extra-large unit at the century-old Ansonia building on the Upper West Side, the New York Post reported.

The seven-bedroom, 4,500-square-foot unit, apartment 6-77 at 2109 Broadway, features a solarium and a wrap balcony.

Sign Up for the undefined Newsletter

Michel Madie of Michel Madie Real Estate was the seller. The apartment previously listed for $12 million.

The building has a long and colorful history. The Ansonia, built in 1899, was home, in the 1970s, to a gay bathhouse where Bette Midler performed. It later housed the swingers’ club Plato’s Retreat, which was shut down by Mayor Ed Koch in 1980. Igor Stravinsky, Babe Ruth and Angelina Jolie have all called it home.

China’s Alibaba, led by founder and CEO Jack Ma, is one of the world largest e-commerce platforms, with over $12 billion in revenue in Fiscal Year 2015. [NYP] – Ariel Stulberg

Tags
Celebrity Real EstateUpper West Side