Four home sales that caught our eye — and cost an arm and a leg

From Extell’s One57 to a historic co-op, these December deals were money-losers

New York /
Dec.December 30, 2019 07:00 AM
From left: 200 East 66th Street; Extell’s 157 West 57th Street; and 15 Hudson Yards (Credit: Street Easy)

From left: 200 East 66th Street; Extell’s 157 West 57th Street; and 15 Hudson Yards (Credit: Street Easy)

It’s no secret New York’s luxury residential market has taken a haircut. And these recent eye-catching sales were no exception, with the deals closing for less — in some cases, much less — than what sellers were asking. Here are the details.

Source: A TRD analysis of property records filed with the New York City Department of Finance from Dec. 17 to Dec. 27.

Joss Sackler (Photo by Aurora Rose/Patrick McMullan via Getty Images)

Joss Sackler (Photo by Aurora Rose/Patrick McMullan via Getty Images)

1. David Sackler, whose family company, Purdue Pharma, has been accused of contributing to the U.S. opioid epidemic, unloaded his Lenox Hill condominium and a storage unit at 200 East 66th Street for a little over $6 million. The buyer was an entity called Fiascari, LLC. The home hit the market in April with an asking price of $6.49 million — just about what Sackler paid for the condo in 2012. The four-bedroom pad measures over 3,300 square feet. Warburg Realty’s Allison Chiaramonte and Tania Isacoff Friedland had the listing.

2. The three-bedroom, almost 5,400-square-foot penthouse of art collector and photographer Jean Pigozzi at 1 West 67th Street, also known as the Hotel des Artistes, sold for $13.6 million. The unit hit the market in 2017, asking $19 million, per StreetEasy. The buyer was a trust, with attorneys Ivan Sacks and Eva Farkas-Dinardo of law firm Withers Bergman as trustees. Corcoran Group’s Steve Gold, Jessica Gomberg and Viktoria Weiberg had the listing.

3. A penthouse at Related Companies and Oxford Property Group’s 15 Hudson Yards traded for about $13.2 million. It appears to be the skyscraper’s largest deal in city records to date, edging out the $13 million sale of another penthouse at the address. (One individual who had sold a piece of the development site to Related and Oxford now owns seven units there.)  The buyer in the latest deal was recorded as Arthur Cohen. The unit spans 3,425 square feet, pricing the deal at roughly $3,866 per square foot. The home was listed in 2017 at about $13.8 million, according to StreetEasy. The building’s $32 million penthouse, which sits on the 88th floor, is still on the market. Related Sales LLC are Corcoran Sunshine Marketing Group are handling sales at 15 Hudson Yards.

4. At Extell Development’s One57 luxury tower, located at 157 West 57th Street, a 67th-floor unit sold for $19.06 million. The buyer was the entity Ever Joy Asset Inc., which the deed notes is a British Virgin Islands corporation. The deal was a resale and marked a loss for the seller, Tower 67B LLC, which had bought the home in 2015 from Extell for a little over $28 million. The seller put the three-bedroom, almost 4,100-square-foot unit on the market in 2017, asking $27 million, according to StreetEasy. Douglas Elliman’s Eklund Gomes team had the listing.


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