Israel Englander’s daughter buys $15.5M Park Avenue co-op

Douglas Elliman's Kathryn Bregman is seller and exclusive broker

New York /
Aug.August 06, 2014 04:15 PM

Laura Englander Levin, daughter of billionaire hedge fund manager Israel Englander, bought an apartment at 960 Park Avenue, according to Wednesday’s property records.

Levin, a radiologist in Manhattan who is married to author Daniel Levin, paid $15.5 million for unit #10E in the 1912 building.

The seller and exclusive broker of the property, Douglas Elliman broker Kathryn Bregman, put the property on the market in September for $18 million. That price was “a bit too high,” Bregman said. The asking price was then lowered to $16.5 million at which point Bregman received multiple offers, she said.

The sale of the five-bedroom, five-bathroom co-op closed on July 22. The apartment was designed by J.E.R. Carpenter and includes a massive living room, a mahogany library and a separate dining room as well

Bregman, who has been a broker with Elliman since 1982, has lived at 960 Park Avenue with her husband and Morgan Stanley Senior Vice President Robert for the past 28 years, she said. “We wanted a view and a terrace,” Bregman said.

On Tuesday, the couple closed on Penthouse A at 1120 Fifth Avenue. Bregman bought the penthouse from the George Gund III estate, but did not disclose the price. The penthouse had been on the market for multiple years and the most recent asking price was $7 million. Bregman said she paid “far less” than that.

Brokers Bonnie Chajet And Ronnie Lane from Warburg Realty represented the Gund estate in that transaction.


Related Articles

arrow_forward_ios
John Giannone and Jac Credaroli (Credit: iStock)

Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans

Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans
Jacob Sudhoff and Scott Durkin (Credit: Sudhoff Companies, Emily Assiran, iStock)

Douglas Elliman is coming to Texas

Douglas Elliman is coming to Texas
Douglas Elliman chairman Howard Lorber (Credit: Getty Images and iStock)

Elliman’s revenue rose 18%, after sales frenzy to avoid New York’s new transfer tax

Elliman’s revenue rose 18%, after sales frenzy to avoid New York’s new transfer tax
After years of lagging sales, Westchester County saw the highest number of completed home sales since 1996. (Getty)

Westchester home sales hit historic high in 2020

Westchester home sales hit historic high in 2020
Matthew Whitman Lazenby, Grant Cardone, Phil Collins, Orianne Bates, Russell Galbut, Natalie Brabner, Craig Studnicky and Masoud Shojaee (Lazenby by Sonya Revell; Getty, iStock)

South Florida’s juiciest real estate lawsuits of 2020

South Florida’s juiciest real estate lawsuits of 2020
Scott Durkin, president and COO of Douglas Elliman; Bess Freedman, CEO of Brown Harris Stevens

The Covid churn: Inside resi brokerages’ recruiting games

The Covid churn: Inside resi brokerages’ recruiting games
Ronita Kalra (Photo via Facebook)

Elliman’s Ronita Kalra jumps to Compass

Elliman’s Ronita Kalra jumps to Compass
New leases in NYC last month (Unsplash)

Tenants sign leases in record numbers but rents stay down

Tenants sign leases in record numbers but rents stay down
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...