Rockets owner flips unfinished Superior Ink penthouse for record $31.5M

TRD NEW YORK /
Nov.November 19, 2010 09:55 AM
Superior Ink and Rockets owner Leslie Alexander

Houston Rockets owner Leslie Alexander has pulled off a successful flip at Robert A.M. Stern’s Superior Ink with the $31.5 million sale of his unfinished penthouse, and set a new record price for a downtown Manhattan condominium to boot. The Wall Street Journal reports that a foreign, non-celebrity buyer closed yesterday on the 6,300-square-foot full-floor spread after winning a bidding war, and plans to use the apartment as a pied-à-terre. Alexander, who signed a contract on the unit in December 2007, had changed his mind about wanting to live there by the time the Related Companies had completed its construction. A week after closing on the penthouse for $24.5 million, he relisted it for $39.5 million with Prudential Douglas Elliman’s Dolly Lenz. The buyer, who was brought in by Elliman’s Melanie Lazenby, is rumored to already own a smaller unit in the celebrity-filled development, which counts Hilary Swank and Marc Jacobs as residents. [WSJ]


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