Mystery buyer closes on Derek Quinlan’s Lenox Hill townhouse

TRD New York /
Aug.August 12, 2011 02:50 PM

Irish financier Derek Quinlan, once a hero of the “Celter Tiger” era and now indebted around the globe, has finally closed on the sale of his former home at 20 East 64th Street, according to records filed with the city today. The final closing price was $23 million, $6 million less than the asking price. The buyer was an unknown LLC, represented by Richard Cohen of the law firm Cohen & Coleman.

As previously reported, the 35-foot-wide, 12,000-square-foot townhouse mansion was part of a high-end fire sale of Quinlan’s global assets, including another home at 54 East 64th Street he purchased for $18.7 million.

He first listed the seven-bedroom-property on 64th Street with Dolly Lenz and Monique Silberman of Prudential Douglas Elliman in 2009, then with Frances O’Shea of Leslie J. Garfield.

Richard Cohen declined to comment on the identity of the buyer.

The other townhouse, at 54 East 64th Street, was relisted by Fred Williams of Sotheby’s International Realty in April for $25 million. It was previously listed for $27 million in 2009.


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Clockwise from top left: Jim Whelan, Larry Silverstein, Helena Durst, Teodora Zobel, Jonathan Mechanic and Laurinda Martins, John Catsimatidis, Gary Barnett, Mark Weprin, Donovan Richards, Bruce Mosler, Adelaide Polsinelli and David Schechtman (Photos by Anuja Shakya)

Reflection, resentment and some remorse: Real estate’s mood at the REBNY gala

45-10 19th Avenue in Long Island City (Credit: Google Maps)

Broadway Stages plans another LIC film studio

Firefighters work to extinguish a fire as a building burns after an explosion on 2nd Avenue in March 26, 2015 (Credit: Getty Images)

$24K in rent set in motion the fatal 2015 East Village blast. Prison now looms for the landlord and contractors

CEO and chairman of Bank OZK, George Gleason

Condo lender Bank OZK reports lower profits in Q4

From left: Deputy Mayor of Housing and Economic Development Vicki Been, Sen. Brian Kavanagh (inset), Brooklyn Borough President Eric Adams, State Division of Homes and Community Renewal Commissioner Ruthanne Visnauskas (inset), Council member Keith Powers, with Governor Andrew Cuomo and Mayor Bill de Blasio (background) (Credit: Anuja Shakya, Getty Images)

Politico shows and no-shows: What public officials attended the REBNY gala?

arrow_forward_ios
Loading...