David Winter scoops up $30M UES home

Developer picked up a co-op on 67th Street, still owns a townhouse at 26 East 73rd Street

New York /
Feb.February 14, 2017 12:20 PM

David Winter, a principal at Winter Properties, apparently has an affinity for the Upper East Side.

The investor and real estate developer paid $30 million for the third floor apartment with Central Park views at 2 East 67th Street, according to sale records filed with the city.

The unit was listed at that price point dating back to 2012, when Sotheby’s International broker Serena Boardman was shopping it. Before then the co-ops’s owner, Athanase Lavidas, a Greek pharmaceutical executive, had been asking $43 million for the five bedroom, five-bath home.

Although Winter has closed on the new apartment, he still hasn’t sold his other home, which is just six blocks away. Winter put his townhouse at 26 East 73rd Street on the market in January of 2016 for $36 million, but the five-bedroom estate was yanked off of the market in May and has yet to resurface on StreetEasy.

Representatives for Winter did not immediately return requests for comment.

The Winter Organization, of which Winter Properties is the management arm, recently sold a dorm it co-owned with Ben Shaoul’s Magnum Real Estate at 340 East 24th Street for $174 million.

In 2015, the company sold the Crown Building to a group of investors lead by Jeff Sutton for $1.78 billion.

In an interview with the New York Times in 2015, Winter said his family got into the real estate business because his great-grandfather, an immigrant house painter from Poland, took over a property on the Upper West Side when the owner defaulted on a $5,000 painting contract.


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