Milstein family members pick up Village townhouse for $18M

The townhouse at 26 Bank Street spans 4K sf

New York /
Nov.November 03, 2017 01:30 PM

Connie and Philip Milstein — part of the fractured New York City real estate family — bought a townhouse in the West Village for $17.9 million.

The trust used to buy the 4,000-square-foot townhouse at 26 Bank Street has an address for Ogden Cap Properties, the property management company that the brother and sister run together. The name of the trust is The CJM 2003 Delaware trust, corresponding to Constance J. Milstein, Connie’s full name.

The four-bedroom, five-bathroom home features a south-facing terrace, 17th-century wood paneling and a steel-and-glass atelier at its top. The sellers were Jos and Annabel White, who paid $7.3 million for it in 2007, records show. It first hit the market asking $26 million in February 2016.

In 2003, Philip and his sister Connie founded Ogden Cap Properties to manage their share of the family’s holdings following their split from the rest of the family. The portfolio includes Normandie Court, Windsor Court, One Lincoln Plaza and the Dorchester Towers, As Well As The Milford Plaza.

A representative for the Milsteins could not be immediately reached. The listing broker could not be immediately reached for comment.

Chava Gourarie contributed reporting.


Related Articles

arrow_forward_ios
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)
For 15 years, David Koch lived at the world’s “richest building”
For 15 years, David Koch lived at the world’s “richest building”
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Here are the week’s top luxury sales
City Council Majority Leader Laurie Cumbo and 840 Atlantic Avenue (Getty, Google Maps)
Atlantic Avenue project gets haircut — and is rejected anyway
Atlantic Avenue project gets haircut — and is rejected anyway
Opendoor CEO Eric Wu (iStock)
Opendoor revenue bounces back in Q1
Opendoor revenue bounces back in Q1
Joan Rivers and 1 East 62nd Street (Getty, Sotheby's)
Joan Rivers’ longtime UES penthouse hits the market for $38M
Joan Rivers’ longtime UES penthouse hits the market for $38M
Clockwise from top left: Scott Stringer, Maya Wiley, Raymond McGuire, Andrew Yang and Shaun Donovan (Getty)
What do Brooklyn homes cost? Don’t ask these candidates
What do Brooklyn homes cost? Don’t ask these candidates
Exhausting other options, buyers flock to fixer-uppers
Exhausting other options, buyers flock to fixer-uppers
Exhausting other options, buyers flock to fixer-uppers
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...