Penthouse at Tadao Ando’s 152 Elizabeth sells for $30M

VC bigwig Matt Cohler was previously in contract to buy the unit, but it’s unclear if he’s the ultimate buyer

New York /
Jul.July 24, 2018 04:03 PM

From left: Matt Cohler, Leonard Steinberg, 152 Elizabeth Street, and Ryan Serhant (Credit: Getty Images and Condition Fields via Curbed NY)

The penthouse at the Tadao Ando-designed 152 Elizabeth Street has sold for $29.95 million — though it remains somewhat unclear who the buyer is.

Matt Cohler, a partner at Silicon Valley venture capital firm Benchmark Capital, went into contract for the unit last November. The asking price for the four-bedroom apartment was $35 million. However, property records show the penthouse was sold to an anonymous Delaware company called Elizabethan LLC, which is under the care of Christopher Boucher, an Oregon-based lawyer. He works for Apercen Partners, which represents high-net-worth individuals who work in venture capital and private equity firms, and hedge funds.

Brokers and those involved in the deal remain tight-lipped on whether the true owner is Cohler. At the time the property went into contract last year, it was reported that Nest Seekers International brokers Ryan Serhant and Cameron Culver represented Cohler in the sale. When contacted, Serhant said he could not comment on the deal.

CompassLeonard Steinberg, Debra LaChance and Denise LaChance are representing the developers, Sumaida + Khurana and Nahla Capital. Steinberg and Debra LaChance also declined to comment.

The building is one of Compass’ nine new development sites in Manhattan, according to its website. Others include One Beekman, 100 East 53rd Street and the Soori High Line.

Cohler, an early employee at Facebook, sold a penthouse at 10 Bond Street for $13.75 million in 2016. The penthouse at 152 Elizabeth spans 5,603 square feet and 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 Pritzker-prize winning architect Tadao Ando. Prices for the full-floor units started at $15 million.


Related Articles

arrow_forward_ios
Community Development Corporation of Long Island CEO Gwen O'Shea (CDCLI, iStock)
Nassau County aims to salvage $6M rent relief program
Nassau County aims to salvage $6M rent relief program
Senator Chuck Schumer and 70 Prospect Park West (Google Maps, Getty)
Schumer blasts Brooklyn landlord as NY pols vow to pass good cause eviction
Schumer blasts Brooklyn landlord as NY pols vow to pass good cause eviction
Dick Cavett and the property in Montauk (Compass, Wikipedia)
Dick Cavett sells estate for $24M in priciest Montauk deal this year
Dick Cavett sells estate for $24M in priciest Montauk deal this year
Judge trashes 421a rent overcharge suit against Muss
Judge trashes 421a rent overcharge suit against Muss
Judge trashes 421a rent overcharge suit against Muss
Low interest rates and the capability for some to work from home is helping fuel the market for vacation homes, a new survey indicates. (iStock)
Pandemic continues to fuel demand for second, third homes
Pandemic continues to fuel demand for second, third homes
Widow of late General Electric CEO Jack Welch buys $23M UES mansion
Widow of late General Electric CEO Jack Welch buys $23M UES mansion
Widow of late General Electric CEO Jack Welch buys $23M UES mansion
State Sen. Jabari Brisport and a rendering of 840 Atlantic Avenue (Getty, IMC Architecture, iStock)
How a senator’s vampire politics hurt real estate — and NYC
How a senator’s vampire politics hurt real estate — and NYC
CoStar CEO Andy Florance and REBNY president James Whelan (Getty, iStock, REBNY)
Brokerage execs gush over REBNY, CoStar listing portal. Agents aren’t sold
Brokerage execs gush over REBNY, CoStar listing portal. Agents aren’t sold
arrow_forward_ios

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

Loading...