The Roc is in the building — and Alex Sapir wants out

Real estate mogul slashes ask on Tribeca pad, where Jay Z and Beyonce are neighbors

New York /
Sep.September 22, 2015 11:30 AM

Not only is Sapir Organization president Alex Sapir looking to leave the building he shares with Jay Z and Beyonce, but he’ll do it for almost $1 million less than previously asked.

Sapir’s first-floor loft at 195 Hudson Street in Tribeca is now on the market for $3.9 million, significantly below the $4.8 million it was asking last year. Sapir bought the three-bedroom, three-bathroom apartment, which spans 3,205 square feet, for $2.9 million in 2006.

The unit’s price drop follows a broker switch, according to the New York Post, with Victoria Shtainer and Gabriel Zapata of Compass having the listing. The loft features 15-foot-high ceilings, a working fireplace, Its Own Private Entrance On Desbrosses Street and access to the building’s common roof space.

Sapir can also call Jay Z and Beyonce neighbors – the power couple have an 8,000-square-foot spread in the building that features its own private roof deck, and even got married at 195 Hudson Street in a private ceremony in 2008. Jay Z bought the apartment for $6.85 million in 2004.

Sapir Organization president Alex, meanwhile, has continued to lead his family’s real estate empire after his father Tamir’s passing last year. The company recently closed on the sale of 11 Madison Avenue to SL Green Realty for $2.6 billion – the second highest price ever paid for a New York City office building. [NYP]Rey Mashayekhi


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Neil Patrick Harris and David Burtka in front of 2036 Fifth Avenue (Getty Images, Google Maps)
Neil Patrick Harris sells Harlem brownstone in neighborhood record
Neil Patrick Harris sells Harlem brownstone in neighborhood record
Sean “P. Diddy” Combs, DJ Khaled, Trippie Redd, Lil Wayne, Rick Ross and Kodak Black (Getty, iStock, Illustration by Shea Monahan for the Real Deal)
South Florida’s rapper resi market is super dope fire
South Florida’s rapper resi market is super dope fire
From left: Amy Schumer and 190 Riverside Drive; Jimmy Fallon and 34 Gramercy Park East (Getty Images, Beyond My Ken, CC BY-SA 4.0 - via Wikimedia Commons, iStock)
Jimmy Fallon, Amy Schumer selling Manhattan pads
Jimmy Fallon, Amy Schumer selling Manhattan pads
Alex and Yanina Sapir (Getty, Instagram, Illustration by Kevin Rebong for The Real Deal)
Developer Alex Sapir’s wife files for divorce, citing a “loveless” marriage
Developer Alex Sapir’s wife files for divorce, citing a “loveless” marriage
Matt Lauer with 26, 28 & 32 Actors Colony Rd (Getty, Susan Breitenbach)
Matt Lauer finds buyer for languishing Hamptons estate
Matt Lauer finds buyer for languishing Hamptons estate
arrow_forward_ios

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

Loading...