The Real Deal New York

Telecom mogul to create Greenwich Village megamansion

Altice head Dexter Goei paid $31M for five-story multifamily building on West 11th Street
By Chava Gourarie | October 26, 2016 11:40AM

138 West 11th Street

138 West 11th Street

Telecom hotshot Dexter Goei has been thinking big of late. In June, the Netherlands-based company he heads bought Cablevision for $17.7 billion. And a month earlier, Goei stealthily bought a five-story multifamily building in Greenwich Village with plans to convert it into a megamansion.

Property documents show that it was Goei, using an LLC, who purchased the 11,000-square-foot Greenwich Village property at 138 West 11th Street for $31 million in May from Enrique and Katherine Alonso, both top executives at SJP Properties TRData LogoTINY. The couple bought the property for $19 million in 2014  and planned to restore the 10-unit multifamily building to two separate townhouses, which had been its original design.

The building, between 6th and 7th avenues, is down the block from Sarah Jessica Parker’s proposed megamansion at 273-275 West 11th Street. Parker bought the two adjacent townhouses for $34.5 million in June.

The renovation at 138 West 11th Street is estimated to cost $1.3 million (which sounds low) and the architect of record is Arcologica.