Tom and Gisele to buy $20M-plus pad at 70 Vestry

Power couple to leave perch at One Madison for Tribeca condo

TRD New York /
Aug.August 02, 2016 08:51 AM

Super Bowl-winning quarterback Tom Brady and supermodel wife Gisele Bundchen aren’t paying deflated prices for a new Tribeca pad.

The power couple is in contract to buy a $20 million-plus pad at Related Companies’ TRData LogoTINY 70 Vestry Street, sources told the New York Post. Tom and Gisele have reportedly laid claim to a five-bedroom, 5,000-square-foot condominium unit with a large terrace at the Robert A.M. Stern-designed building.

The baller and catwalker will be moving from their apartment at Related’s One Madison once their new pad is ready. The 14-story, 47-unit building features a lap pool, sauna and steam room, squash court, and a private entrance for vehicles.

It’s not clear which apartment unit Tom and Gisele selected.

Related is shooting for a total sellout of $690 million, according to an offering plan approved by the New York state Attorney General’s office earlier this year. On a per-square-foot basis, the average asking price is $4,526, according to AG filings. The two penthouses are priced above $50 million and 11 of the apartments are asking more than $20 million, according to the offering plan.

Related filed plans for the project in 2014, after purchasing the property for $115 million. In September, the developer secured $200 million in funding from Bank of America for the project. [NYP]James Kleimann

Related Articles


Related is the latest developer to target the Rockaways

15 Hudson Yards (Credit: Related-Oxford, iStock)

First he sold a plot of land to Hudson Yards’ developers. Now he owns 7 luxury condos there

The Plaza Hotel in 1975 and models walking the runway during New York Fashion Week September 2019 (Credit: Getty Images)

Fashion Week struts its stuff at these iconic NYC locations

Related CEO Jeff Blau, Deutsche Bank CEO Christian Sewing, and Time Warner Center at 10 Columbus Circle (Credit: Getty Images and Wikipedia)

Deutsche Bank shrinks footprint at future Columbus Circle home amid global downsizing

Gym chain creator looks to part ways with Westchester County compound

Bon Jovi’s Robert A.M. Stern-designed New Jersey mansion is on the market

Nassau and Suffolk home sales decline, Westbury eyes downtown revitalization & more Long Island real estate news

1065-1075 Gerard Avenue in the Bronx 

Prana pays Related $36M in Bronx multifamily play