founder revealed as buyer of $44M penthouse at 443 Greenwich

Marc Lore closed on the five-bedroom pad in April

TRD New York /
Jun.June 12, 2018 11:54 AM CEO Marc Lore and 443 Greenwich Street (Credit: LinkedIn) founder Marc Lore has been outed as the buyer of a $43.79 million penthouse at 443 Greenwich Street in Tribeca.

The tech entrepreneur, who now heads U.S. e-commerce at Walmart, bought Penthouse A through an LLC and closed on the deal in April, the Wall Street Journal reported.

The unit’s gross square footage spans 8,569 square feet, and the apartment features five bedrooms and its own private outdoor pool. The unit had been listed for $58 million, meaning Lore got a 24.5 percent discount on the purchase.

The building has attracted numerous celebrity buyers, including Jennifer Lawrence, Jake Gyllenhaal and Harry Styles. Its amenities include a roof terrace, temperature-controlled wine cellar and a parking lot with electric charging stations.

Erin Boisson Aries of Christie’s International Real Estate represented Lore in the deal. New development marketing firm Cantor Pecorella represented the developer, Nathan Berman’s MetroLoft Management.

Another penthouse in the building — which was once a book bindery — closed last year at $43.99 million.

Lore sold to Walmart for about $3.3 billion in 2016. He also founded in 2005, which he sold to Amazon in 2010 for $545 million. [WSJ] — Meenal Vamburkar


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