Here are some of the Big Apple’s recent luxury resi buys

A Bloomberg co-founder bought 2 condos for $5.3M

TRD New York /
Oct.October 07, 2019 01:05 PM
Clockwise from left: 240 Riverside Boulevar with  Charles Zegar, 111 Murray Street, and 220 Central Park South (Credit: Google Maps, Getty Images, and CityRealty)

Clockwise from left: 240 Riverside Boulevar with  Charles Zegar, 111 Murray Street, and 220 Central Park South (Credit: Google Maps, Getty Images, and CityRealty)

The prices of Manhattan apartments may have hit a four-year low because of the new mansion and transfer taxes on luxury homes, but some big deals are still getting done. Here are the details.

Source: A TRD analysis of property records filed with the New York City Department of Finance from Sept. 25 to Oct. 7.

1.) Charles Zegar, one of the co-founders of Bloomberg, and Merryl Snow Zegar picked up two condominiums and a storage unit at 240 Riverside Boulevard, also known as The Heritage at Trump Place, for about $5.3 million. Sellers Terence Kooyker, of the hedge fund Blenheim Capital Management, and Katherine Leitch had acquired the Upper West Side units piecemeal since 2013, for a total of a little over $4.7 million. In 2017, Zegar dropped $3.4 million for a Hollywood home in Los Angeles.

2.) Mehdi Khosrow-Pour snapped up a five-bedroom sponsor apartment at Witkoff, New Valley and Fisher Brothers’ 111 Murray Street in Tribeca for $14.9 million. Spanning 3,952 square feet, the deal for the 60th-floor pad works out to $3,770 per square foot. Khosrow-Pour appears to be the founder of publishing company IGI Global.  Douglas Elliman Development Marketing is handling sales at the 64-story tower, where a penthouse is asking $40 million.

3.) There have been a slew of big-ticket closings at Vornado Realty Trust’s luxury residential development, 220 Central Park South, marketed by Corcoran Sunshine Marketing Group. One anonymous buyer picked up a 58th-floor unit for $18.5 million. Another picked up a 56th floor pad for almost $41.7 million. And, also through an LLC, Stephen and Grace Park bought a 36th-floor apartment for about $21.9 million.

4.) Peter and Deborah Lamm sold a co-op at 300 Central Park West for $7 million. Peter Lamm is a co-founder at private equity firm Fenway Partners and sits on the board of directors of UNICEF USA. The home, on the 14th floor of the El Dorado co-op on the Upper West Side, first hit the market in 2018, asking $8.75 million, according to StreetEasy.  The buyers were William Borner and Kim Koopersmith, partner and chairperson of law firm Akin Gump Strauss Hauer & Feld. Compass’ Alexa Lambert had the listing.


Related Articles

arrow_forward_ios
Here are the week’s top luxury sales

Here are the week’s top luxury sales

Here are the week’s top luxury sales
Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)

For 15 years, David Koch lived at the world’s “richest building”

For 15 years, David Koch lived at the world’s “richest building”
Here are the week’s top luxury sales

Here are the week’s top luxury sales

Here are the week’s top luxury sales
76 Schermerhorn Street and 378 5th Street in Brooklyn (Photos via The Symon and StreetEasy)

It’s just one week, but Brooklyn luxury contract signings fell 50%

It’s just one week, but Brooklyn luxury contract signings fell 50%
220 Central Park South with Louise Sunshine and Steve Roth (Google Maps, Getty)

Another 220 Central Park South condo trades for over $10K psf

Another 220 Central Park South condo trades for over $10K psf
421 Broome Street (Google Maps)

Soho penthouse buy sets record despite price chop

Soho penthouse buy sets record despite price chop
209 Dean Street and 315 Adelphi Street (Google Maps)

Sprawling Brooklyn townhouses drive week’s priciest deals

Sprawling Brooklyn townhouses drive week’s priciest deals
Nelson Rockefeller and 812 Fifth Avenue Photos via Getty; StreetEasy; Google Maps)

Fifth Ave co-op owned by Rockefeller family hits market

Fifth Ave co-op owned by Rockefeller family hits market
arrow_forward_ios

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

Loading...