VC investor shells out for $35M penthouse at 152 Elizabeth

Matt Cohler is a partner at Benchmark Capital and a backer of Facebook

TRD New York /
Mar.March 08, 2018 01:45 PM
Matt Cohler and the penthouse at 152 Elizabeth Street in Nolita

Matt Cohler and the penthouse at 152 Elizabeth Street in Nolita

Silicon Valley bigwig Matt Cohler is the buyer of a $35 million penthouse at 152 Elizabeth Street in Nolita — the boutique condominium designed by Pritzker Prize winner Tadao Ando.

The duplex — which was asking $35 million — went into contract in November without ever hitting the market, the Wall Street Journal reported. Cohler, a partner at Benchmark Capital and an early investor in Facebook, sold a penthouse at 10 Bond Street for $13.75 million in 2016.

The penthouse at 152 Elizabeth has 5,603 square feet and four bedrooms. It features floor-to-ceiling windows, oak flooring and a glass-and-steel staircase.

The seven-unit development is the first New York City project for Ando. Prices for the full-floor units started at $15 million. Compass’ Leonard Steinberg, Debra LaChance and Denise LaChance have been marketing the building for developer Sumaida + Khurana. Nest Seekers International’s Ryan Serhant and Cameron Culver represented Cohler. [WSJ] E.B. Solomont


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