Bill Gross’ daughter snags a penthouse at 160 Leroy

She bought the unit for $28M

TRD New York /
Aug.August 29, 2018 06:15 PM

Jennifer Gross and 160 Leroy Street (Credit: Twitter)

Jennifer Stengaard Gross, daughter of Pimco founder Bill Gross, bought a penthouse at Ian Schrager’s 160 Leroy Street.

The apartment sold for $28 million, according to the New York City Department of Finance. It was listed for $31.5 million. Douglas Elliman’s Madeline Hult Elghanayan, Kirk Rundhaug, Lauren Muss and Dennis Mangone had the listing.

The penthouse spans roughly 4,800 square feet and includes a roof terrace with a kitchen and private elevator. The unit also has a media room with a wet bar.

Gross co-founded Blue Chip Foundation, an organization focused on sustainable development, in 2015. She oversees the selection of partners and initiatives. She’s also part of the Gross Family Charitable Foundation.

Interior of 160 Leroy Street (Credit: Brown Harris Stevens)

In July, Philadelphia 76ers co-owner Michael Rubin went into contract for a penthouse in the building — for more than $40 million. The five-bedroom unit was listed at $51 million. When it closes, it will reportedly be the most expensive home ever sold below 14th Street in Manhattan.

The Real Deal previously reported that Schrager inflated the number of units in contract at 160 Leroy. Schrager said in 2015 that 40 percent of its then-49 units (now 57) were in contract shortly after launching sales. But public records and deal sheets for the building showed that only three contracts were signed when Schrager made that announcement.

Related Articles

The penthouse at 15 Union Square West and 121 East 22nd Street (Credit: StreetEasy)

Luxury market checks off another disappointing week of sales

Clockwise from top left: 522 West 29th Street, 40 East 75th Street (center), 820 Fifth Avenue, 54 Thompson Street and 220 Central Park South 

These were the five priciest residential listings in NYC last week

Faith Hope Consolo (Credit: Getty Images)

Faith Hope Consolo’s secret family probes her will

William Zeckendorf and his brokerages are making moves. (Credit: iStock, Getty Images)

William Zeckendorf wants to build an army of NYC homeowners

Keeping lawns freshly cut and outdoor spaces in tip-top shape could result in greater rewards for sellers. (Credit: iStock, IMDB)

Curb your enthusiasm: Homes with spruced-up outsides sell at premium

Elsa Segura (left) was arrested in connection to realtor Monique Baugh's (right) murder (Credit: iStock)

Second suspect charged in real estate agent’s abduction, murder

Clockwise from top left: John Gomes, Ronita Kalra, Eric Beniam and McKenzie Ryan (Credit: Getty Images, iStock, Wikipedia)

“We’re putting ourselves in situations where anything is possible”: Real estate agent’s killing rattles industry

157 West 57th Street (Credit: iStock)

One57 condo with reduced ask tops a slow week of luxury contracts