Avenues School co-founder sells $10M Trump Tower condo

Alan Greenberg is leaving the building after nineteen years

Jan.January 15, 2019 03:00 PM

Trump Tower at 1 Central Park West and Alan Greenberg (Credit: Wikipedia and Facebook)

School’s out.

Alan Greenberg – founder of the exclusive, for-profit Avenues: The World School – sold his condo at the Trump International Hotel & Tower for $10.3 million after almost two decades in the luxury building.

The apartment went to an anonymous buyer, listed as “1CPW30A LLC” in documents filed with the city Tuesday.

The 2,094-square-foot unit on the 30th floor of 1 Central Park West has three bedrooms, three bathrooms and views over Central Park.

“We’re basically downsizing,” Greenberg told The Real Deal, “All of our kids have left.”

The couple’s primary residence is in Atlanta, Greenberg said, and they also have a vacation home at the Four Seasons Hotel in Surfside, Florida.

He said leaving Trump Tower after so many years was “bittersweet” and he will miss the views from the apartment.

The Greenbergs bought the unit furnished for $10.6 million in 2012. They are selling it unfurnished for $300,000 less.

They previously owned a smaller apartment in the building, which they bought in 2000, and sold in 2013 for $5.5 million.

Greenberg is the co-founder of Avenues: The World School, a for-profit private school system with one New York campus at 259 10th Avenue in West Chelsea. Yearly tuition at the school, which includes including MacBooks and iPads, costs $56,400.

The opening of the 1,600-seat private school in 2012 spurred an uptick in condo sales in West Chelsea.

And Avenues is planning to expand. In November, 2018 The Real Deal reported that Robert Fisher, the heir to the Gap family fortune, bought the former Archbishop Curley Notre-Dame High School site in Little Haiti, Miami for $60 million. Sources said Fisher plans to bring an Avenues school to the site.

In August 2018, the company opened a campus in São Paulo, Brazil.

Related Articles

From left: 55 East 74th Street, 9 East 82nd Street, 1 Central Park South, 78 Irving Place with Adam Neumann and 111 West 57th Street (Credit: StreetEasy, Wikipedia, Getty Images)

Adam Neumann’s triplex, Russians’ Plaza pad were priciest homes listed last week

3 East 69th Street and 252 East 57th Street 

With asking prices in freefall, luxury market sees strong week

Keller Williams CEO Gary Keller

Keller Williams will cut off agents who leave

Wall Street bonus season is the stuff home sellers’ dreams, as they picture eager buyers armed with hefty bonus checks and willing to pay top price. But in a buyer’s market that vision may be more like a mirage (Credit: iStock)

Here’s what Wall Street bonus season means for real estate this year

Adam Neumann and 78 Irving Place (Credit: Getty Images and StreetEasy)

Adam Neumann is asking $37M for Gramercy Park triplex

(Credit: iStock)

Residential rents continue upward march in Manhattan, Brooklyn and Queens

Redfin's Glenn Kelman (Credit: iStock)

“It’s on like Donkey Kong”: Redfin scrambling to keep up with iBuyer demand

Don Lemon and Tim Malone with their apartment at 2280 Frederick Douglass Boulevard 

CNN’s Don Lemon lists Harlem condo with fiancé broker Tim Malone