Robert Durst cashes in on Brooklyn investments

Estranged member of the Durst family sells two properties for around $21M

TRD NEW YORK /
Jul.July 14, 2014 11:00 AM

Robert Durst, an estranged member of the Durst family, appears to be making a sizable profit off his real estate investments in Brooklyn.

Durst reportedly sold two buildings — one at 234 Union Avenue in Williamsburg and the other at 250 Pacific Street in Carroll Gardens — for $21.15 million, after buying them for a combined $8.65 million in 2011. Durst bought the buildings with money from his $43 million trust fund, according to previous reports.

The sale of the properties was announced by BCB Property Management, a firm run by Durst’s wife, Debrah Lee Charatan.

Durst also bought 61-63 East 125th Street in Harlem for $2.4 million and took over a 41.96 percent share of Havemeyer Portfolio LLC for $3 million.

The six-story, 30-unit building at 234 Union Avenue was sold to Enterprise Asset Management for $9.8 million. The other property, with 25 apartments, was sold for $11.4 million to Sterling Equities, which is run by New York Mets owner Fred Wilpon.

Durst was acquitted of murder charges in 2001 when his killing of a neighbor was deemed self defense. [REW] — Claire Moses 

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