This power couple just dropped $35M on a West Village penthouse

Stephanie March, Dan Benton to combine two units to create 5-bed duplex

TRD New York /
Jan.January 10, 2018 03:20 PM

Dan Benton, Stephanie March and the Shephard (Credit: Getty Images and Naftali Group)

Actress Stephanie March and her businessman husband Daniel Benton dropped $35 million on the penthouse at the Shephard in the West Village.

The power couple plans to combine two units at the newly converted building, according to the Wall Street Journal, creating a five-bedroom duplex spanning 6,836 square feet, with an additional 3,451 square feet of outdoor space.

March is a former “Law & Order: SVU” star, and married Benton, a hedge fund manager and tech investor, in September, according to the Journal. Benton still owns a penthouse on the Upper East Side together with his ex-wife, which cost him $39 million in 2012.

The neighborhood holds special meaning for the couple. According to People magazine, March and Benton met around the corner from their new digs, over cocktails at the Orient Express on West 11th Street.

The 12-story Shephard at 275 West 10th Street, was built in 1897, and began its life as a warehouse until it was reincarnated as a rental. Most recently, the Naftali Group and Starwood Capital converted the 145 rental units to 38 condos, retaining its brick facade. The developers bought the building for $68 million in 2014. Stribling & Associates’ Alexa Lambert is overseeing sales at the building.

Three rent-stabilized tenants at the $352 million conversion sued the developer in June, claiming Miki Naftali’s firm refused to pay rent credits he promised them during construction.
[WSJ] – Chava Gourarie


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Ghislaine Maxwell and her New Hampshire estate (Getty, Greg Bruce Hubbard)

Ghislaine Maxwell was hiding out in a rural New Hampshire estate when she was arrested

Ghislaine Maxwell was hiding out in a rural New Hampshire estate when she was arrested
Amancio Ortega (Getty)

Spain’s richest man owns $17B in real estate

Spain’s richest man owns $17B in real estate
Juno CEO Jonathan Scherr and a rendering of the project 

Former Apple and Tesla employees launch mass production development company

Former Apple and Tesla employees launch mass production development company
Mayor Bill de Blasio (Getty, Wikimedia)

Landlords challenge city laws protecting non-paying businesses

Landlords challenge city laws protecting non-paying businesses
(iStock)

Crossbow-wielding manager sexually harassed WeWork staffer, latest discrimination suit claims

Crossbow-wielding manager sexually harassed WeWork staffer, latest discrimination suit claims
arrow_forward_ios

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

Loading...