Jets owner Woody Johnson sells co-op for record $80M

Ukranian-born Leonard Blavatnik pays $5 million more than the asking price

New York /
Oct.October 21, 2014 08:25 AM

Manhattan has a new record for most expensive co-op ever sold: $80 million. Billionaire Leonard Blavatnik bought New York Jets owner Woody Johnson’s unit at 834 Fifth Avenue, which was listed for $75 million.

Earlier this month, Johnson accepted the offer from Blavatnik.

Johnson, heir to the Johnson & Johnson fortune, never lived in the 11th- and 12th-floor duplex, but did use the space for parties and fundraisers.

Blavatnik is the world’s 32nd richest man, according to Forbes. He’s made other trophy real estate buys in Manhattan, including 2 East 63rd Street, a townhouse that used to be the New York Academy of Science, which he bought in 2005 for $31.3 million. A year later, he bought a unit at 998 Fifth Avenue for $27 million and in 2007, he purchased Edgar Bronfman’s 15 East 64th Street townhouse for $51 million, according to the New York Post. Until now, the record for priciest co-op ever sold was held by hedge fund manager Israel Englander, who bought a duplex at 740 Park Avenue for $71.3 million earlier this year. [NYP] — Claire Moses


Related Articles

arrow_forward_ios
Charles Bendit with West 81st Street (NY Nesting, Getty)
Taconic Partners’ Charles Bendit buys $11M UWS co-op
Taconic Partners’ Charles Bendit buys $11M UWS co-op
Sotheby’s Nikki Field with 740 Park Avenue (Sotheby’s International Realty, Google Maps, Getty)
Buyers spurn NYC’s storied co-ops
Buyers spurn NYC’s storied co-ops
 38 Gramercy Park North and Victor Sigoura of Legion Investment Group (Apartments, Getty)
Gramercy Park co-op building hits market for $50M amid legal fight
Gramercy Park co-op building hits market for $50M amid legal fight
New York skyline
NYC condos, co-ops face costly emissions bill
NYC condos, co-ops face costly emissions bill
Miles Kwok with 781 Fifth Avenue (
Trustee alleges “shell game” over Chinese exile’s UES penthouse
Trustee alleges “shell game” over Chinese exile’s UES penthouse
The late Howard Solomon with 4 East 66th Street (Getty, Sotheby's International Realty)
Late pharma exec’s UES co-op listed for $55M
Late pharma exec’s UES co-op listed for $55M
Nicole Kushner Meyer with 812 Park Avenue (Kushner, Google Mpas, Getty)
Nicole Kushner Meyer lists Lenox Hill co-op for $12M
Nicole Kushner Meyer lists Lenox Hill co-op for $12M
740 Park Avenue and Corcoran broker Francine Crocker (Corcoran, Getty)
Tower of power: Duplex at 740 Park listed for $26M
Tower of power: Duplex at 740 Park listed for $26M
arrow_forward_ios

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

Loading...