The Real Deal New York

Jon Stewart’s old Tribeca PH reappears as whisper listing

Leonard Steinberg is shopping property for former Blackstone manager
By Katherine Clarke | March 07, 2017 08:00AM

Parag Pande and 161 Hudson Street (building credit: CityRealty)

Jon Stewart’s former Tribeca penthouse is being shopped around as a whisper listing for $20 million, The Real Deal has learned.

The penthouse at 161 Hudson Street last sold for $17.5 million in 2014 to Parag Pande, a former portfolio manager at the Blackstone Group. Pande headed the hedge fund Senfina Advisors for Blackstone but left late last year after the fund suffered double-digit losses in 2016.

Compass’ Leonard Steinberg has been quietly shopping the property to prospective buyers but has not listed it publicly.

The sprawling duplex is on the eighth and ninth floors of the 24-unit prewar boutique building. Actor Jeremy Piven and Mets catcher Mike Piazza also own homes there.

The four-bedroom, 5.5-bathroom apartment spans 5,802 square feet and has a 37-foot-long living room with eight large windows. A stairway in the apartment leads to A Rooftop Terrace.

Stewart, who hosted “The Daily Show,” paid $5.8 million for the pad in 2005.

Steinberg declined to comment on why the listing wasn’t publicly available, but the practice of keeping a unit off-market is not unheard of. Per Real Estate Board of New York regulations, a broker has 24 hours after an exclusive agreement has been signed to share a listing with all REBNY members – except when a seller explicitly asks them not to.