30-something healthcare entrepreneur buys $19.5M Tribeca penthouse

Turner sold his company, Flatiron Health, for $1.9 billion.
By Sylvia Varnham O'Regan | July 01, 2019 06:00PM

Flatiron Health CEO Nat Turner and Shutterstock CEO Jonathan Oringer with the penthouse of 71 Laight Street (Credit: Getty Images)

Flatiron Health CEO Nat Turner and Shutterstock CEO Jonathan Oringer with the penthouse of 71 Laight Street (Credit: Getty Images)

Entrepreneur Nat Turner, who sold his healthcare tech company in 2018 for $1.9 billion, has purchased the penthouse at 401 Washington Street for $19.5 million, property records show.

Turner bought the luxury property from Jonathan Oringer, CEO of Shutterstock, for less than the $20 million asking price. Oringer is now in contract to buy a $27 million penthouse at 56 Leonard St, The New York Post reported.

The Washington Street penthouse — listed at its alternate address, 71 Laight Street — has three bedrooms, four bathrooms and a private elevator that opens directly into the home. A landscaped terrace that wraps around the 4,600-square-foot property features an outdoor kitchen, sound system and hot tub.

The penthouse was first purchased by Oringer in 2015 for $20.3 million. The recent sale was finalized this June, and recorded on July 1.

Turner, who grew up in Texas, co-founded advertising technology company Invite Media in 2007. The company was later acquired by Google for $81 million.

In 2012, he co-founded Flatiron Health, which uses technology to organize cancer patients’ data for research purposes, after his cousin was diagnosed with leukemia.

In 2018, he sold the company for $1.9 billion, telling Business Insider that he negotiated the deal over the phone from the hospital while his wife was giving birth.

Turner could not be reached for comment.

Clayton Orrigo of Compass was the listing agent.