Jet.com 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

Walmart.com CEO Marc Lore and 443 Greenwich Street (Credit: LinkedIn)

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

 

Related Articles

arrow_forward_ios
Brokerage firms are strategizing ways to make up losses after the cost of application fees was capped at $20. (Credit: iStock)

Brokerages on rental application fee cap: “It hurts”

Alex Rodriguez (Photos by Guerin Blask)

A-Rod is coming for NYC and SoFla real estate

There will be 70 agents based at the new office (Credit: iStock)

Compass opens Long Island City office as new-development sales surge

The Daily Digest - Tuesday

New life for Toys “R” Us, Masa Son is “embarrassed” with the Vision Fund: Daily digest

Nooklyn CEO Harley Courts (Credit: iStock)

Brokerage slashes agent commissions, delays payments after rent law change

The Daily Digest - Tuesday

NYC apartment prices hit 4-year low, Pacific Park developers reveal new plans: Daily digest

LeBron wanted it and California’s governor signed it. What the college athlete compensation law means to real estate

Racial inequality in homeownership across US is sharpest in New York: report

arrow_forward_ios