Brandeis University sells UES alumni house for $32M

Proceeds from sale of five-story mansion on East 77th St. will go toward school's endowment

New York /
Feb.February 23, 2015 12:23 PM

Brandeis University sold its Upper East Side alumni house for $32 million, according to property records filed with the city today.

Tradeland and Investors Inc., a New York-based brokerage and management firm led by Richard Baldwin, is listed as the buyer of the five-story mansion at 12 East 77th Street, which could be turned into a single-family home. Baldwin could not immediately be reached on Monday afternoon.

The university listed the property — which used to be home to Gloria Vanderbilt’s father Reginald — in October for $33 million with Brown Harris Stevens’ John Burger and Ghislaine Absy. The building was used for events and housed some classrooms as well as an apartment on the top floor.

The university’s president, Fred Lawrence, announced his plan to sell in an email to alumni in September. He wrote that the proceeds of the sale will go into the school’s $766 million endowment.

 

Related Articles

arrow_forward_ios
Miki Naftali

Is urban living dead? “I don’t buy it,” says Miki Naftali

Is urban living dead? “I don’t buy it,” says Miki Naftali
40 East 94th Street, 415 East 45th Street and Dr. Oz (Photos via StreetEasy, Wikipedia Commons)

Sister of Dr. Oz pulls back curtain on family dispute

Sister of Dr. Oz pulls back curtain on family dispute
HFZ Capital principals Ziel Feldman and Nir Meir with 1135 Lexington Avenue (Gettyl; HFZ; Google Maps)

HFZ sued over delinquent loans at Upper East Side project

HFZ sued over delinquent loans at Upper East Side project
Home Depot CEO Craig Menear and 410 East 61st Street (Photos via Home Depot; Google Maps)

Home Depot signs lease for Bed Bath & Beyond’s UES store

Home Depot signs lease for Bed Bath & Beyond’s UES store
40 East 72nd Street and Spiros and Antonia Milonas  (Getty; Google Maps)

Under water: Shipping magnate’s troubled UES condo is bankrupt

Under water: Shipping magnate’s troubled UES condo is bankrupt
Rodney Dangerfield and 1118 1st Avenue (Getty)

Dangerfield’s comedy club to close its doors

Dangerfield’s comedy club to close its doors
Ron Perelman and 36-38 East 63rd Street (Getty, Google Maps)

Ron Perelman shopping side-by-side Upper East Side homes for $75M

Ron Perelman shopping side-by-side Upper East Side homes for $75M
731 Lexington Avenue and 410 East 61st Street (inset) with Vornado's Steve Roth (Googel Maps; VNO)

Home Depot eyes former Bed Bath & Beyond space on First Ave

Home Depot eyes former Bed Bath & Beyond space on First Ave
arrow_forward_ios

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

Loading...