Nikki Field out, Corcoran in at Kushner’s Puck Building

Sotheby’s broker recently sold a $28M unit there, the second closed sale since Fall 2014
February 08, 2016 09:02AM

Nikki Field of Sotheby’s International Realty is set to step aside as the lead broker at Kushner Companies’ Puck Building, shortly after selling the building’s Penthouse II for $28 million.

That price was high – about $5,360 per square foot for the 5,222-square-foot unit – but was nonetheless more than $7 million below ask, and only the second closed sale since the property went to market, the Wall Street Journal reported.

The buyer “made a nice deal,” Jared Kushner told the Journal. “We’re OK with people getting good deals.”

The apartment features a landscaped, 800-square-foot terrace with views of the Chrysler Building. Field told the Journal the price was one of the highest ever paid for a residential property in Soho or Nolita. Mara Flash Blum of Sotheby’s also worked on the sale.

The Corcoran Group will take over marketing units at the landmarked, 207,000-square-foot building at 295 Lafayette Street in Nolita. Kushner bought the property in 1986 for $19 million, along with Harry Skydell, Joel Seiden and George Gellert. Kushner added six penthouses to the top of the building.

“Nikki did a great job,” Kushner told the Journal. But “it’s good every now and then to switch it up.”

Field took the decision in stride.

“It’s the nature of our industry,” she told the paper. “You get your turn at bat and then someone else is up.” [WSJ]Ariel Stulberg