Buyer gets $20M loan for Harvey Weinstein’s Village townhouse

Exec paid $25.6M for house in March

TRD New York /
Apr.April 18, 2018 11:00 AM
13 Bank Street, Bruce Karsh and Harvey Weinstein

13 Bank Street, Bruce Karsh and Harvey Weinstein (Credit: Nick Step via Flickr)

UPDATED, April 18, 11:31 a.m.: Talk about a distressed asset.

The buyer of disgraced producer Harvey Weinstein’s Greenwich Village townhouse took out a $20 million mortgage — signed by Bruce Karsh, chief investment officer at private equity giant Oaktree Capital Management.

The Oaktree executive’s signature was on the loan from Bank of America, according to records filed with the city. The buyer bought the house on Bank Street for $25.6 million last month through an entity called Cheget LLC. The house wasn’t publicly listed.

Built in 1852, the four-story property measures just over 5,000 square feet. Weinstein paid $14.95 million for the townhouse in 2006.

The Weinstein Company filed for bankruptcy in March following allegations of sexual harassment and assault by its former chairman.

 

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