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New York

Houston Rockets owner picks up Baccarat unit for $21M

Leslie Alexander listed his Gramercy Park penthouse earlier this year for $50 million

From left: Houston Rockets owner Leslie Alexander and an apartment at the Baccarat at 20 West 53rd Street
From left: Houston Rockets owner Leslie Alexander and an apartment at the Baccarat at 20 West 53rd Street

Houston Rockets owner Leslie Alexander will be able to get over his team’s hiding at the hands of the Golden State Warriors in a brand new apartment.

Alexander bought a unit at the Baccarat Hotel & Residences at 20 West 53rd Street for $20.6 million, according to property records filed with the city Monday. The apartment is located on the 44th floor of the Starwood and Tribeca Associates-developed property and includes four bedrooms and 4.5 bathrooms. The pad spans 4,545 square feet, according to the listing on StreetEasy.

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In April, Alexander listed his four-bedroom penthouse at 18 Gramercy Park for $50 million, having paid $42 million for it two years earlier.

Earlier this year, Chinese insurer Sunshine Insurance Group agreed to buy the hotel portion of the Baccarat  for $230 million, or a record $2 million per room.

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