Binn, founder of DuJour magazine and Niche Media, paid just under $7 million for the four-bedroom unit at developer Ben Shaoul’s condo conversion, reported the New York Post. The 2,870-square-foot condo was asking $6.825 million, or $2,378 per square foot.
Featuring 10-foot ceilings and custom stained white oak floors, the apartment has a grand foyer and great room and chef’s kitchen. Shaoul’s Magnum Real Estate Group and CIM Group are behind the project, which is being marketed by Corcoran Sunshine Marketing Group. Town Residential’s Dana Power brought the buyer.
Binn sold his Tribeca apartment at 92 Laight Street for $10.75 million to Blackstone Group’s vice chairman Tom Hill last month. The hedge funder reportedly bought the pad for his daughter, using an LLC dubbed “Fashionably Laight Street LLC.” [NYP] — E.B. Solomont