New York

South African insurance mogul Adrian Gore buys 737 Park condo for $11M

<a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/Adrian-Gore-And-737-Park-Avenue-New-York-NY-10021/1014067504-0" target="_blank" data-address="Adrian%20Gore%20And%20737%20Park%20Avenue%2C%20New%20York" data-label="Adrian%20Gore%20And%20737%20Park%20Avenue" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2FAdrian-Gore-And-737-Park-Avenue-New-York-NY-10021%2F1014067504-0" data-bbl="1014067504" data-blockValue="01406" data-lotValue="7504" data-zipcode="10021" data-bldgArea="201%2C067" data-bldgDepth="126" data-bldgFront="102" data-landUse="Mixed%20resi%20%26%20comm%20buildings" data-lotArea="14%2C303" data-lotFront="102.17" data-lotDepth="140" data-retailArea="0" data-resArea="188%2C092" data-officeArea="7%2C685" data-garageArea="0" data-strgeArea="0" data-factryArea="0" data-otherArea="0" data-bldgClass="R0" data-primaryZoning="R10" data-commercialOverlay="" data-far="10" data-buildable="143%2C030" data-airRights="-58%2C070" data-propertyNeighborhood="Lenox%20Hill" data-latitude="40.7704327780431" data-longitude="-73.9637500198343" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2FAdrian-Gore-And-737-Park-Avenue-New-York-NY-10021%5C%2F1014067504-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2FAdrian-Gore-And-737-Park-Avenue-New-York-NY-10021%5C%2F1014067504-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">Adrian Gore And 737 Park Avenue</a>

Adrian Gore And 737 Park Avenue

South African multimillionaire Adrian Gore, founder of global health insurance provider Discovery Limited, picked up a new condominium at Macklowe Properties’ 737 Park Avenue for $11.45 million, according to property records filed with the city today.

The three-bedroom, three-bathroom unit on the 15th floor was asking $12.5 million. It has been in contract since April, according to StreetEasy. The apartment has 2,915 square feet and is a combination of two units. There is also a powder room, heated flooring in the master bedroom, and a Varenna eat-in kitchen.

Gore’s attorney Peter Rosenberg and Jarrett White, marketing director for Macklowe, respectively declined to comment.

Macklowe bought the prewar Upper East Side site with Los Angeles-based private equity firm CIM Group in August 2011 for $360 million, then converted the property into high-end condos. The 21-story, 60-unit property at East 71st Street features a fitness center, bicycle storage and a live-in superintendent.

The building secured more than $250 million in sales as of November. It has been in the thick of several lawsuits involving long-term rental tenants in the building, including one who allegedly ran a bed and breakfast from her apartment and another who Macklowe aimed to evict for allegedly limiting construction.

As of 2011, Gore was named the 34th wealthiest person in Africa with a net worth of $280 million, according to Forbes magazine’s annual list. Discovery is best known for its incentive-based Vitality healthcare program, which rewards members with inexpensive flights and discounts for those who regularly visit the gym and eat vegetables.

Also in 2011, Gore purchased a penthouse condo at the Related Companies’ 22-story tower the Brompton, at 205 East 85th Street, for $6.1 million, property records show.

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New York

South African insurance mogul Adrian Gore buys 737 Park condo for $11M

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Adrian Gore And 737 Park Avenue

South African multimillionaire Adrian Gore, founder of global health insurance provider Discovery Limited, picked up a new condominium at Macklowe Properties’ 737 Park Avenue for $11.45 million, according to property records filed with the city today.

The three-bedroom, three-bathroom unit on the 15th floor was asking $12.5 million. It has been in contract since April, according to StreetEasy. The apartment has 2,915 square feet and is a combination of two units. There is also a powder room, heated flooring in the master bedroom, and a Varenna eat-in kitchen.

Gore’s attorney Peter Rosenberg and Jarrett White, marketing director for Macklowe, respectively declined to comment.

Macklowe bought the prewar Upper East Side site with Los Angeles-based private equity firm CIM Group in August 2011 for $360 million, then converted the property into high-end condos. The 21-story, 60-unit property at East 71st Street features a fitness center, bicycle storage and a live-in superintendent.

The building secured more than $250 million in sales as of November. It has been in the thick of several lawsuits involving long-term rental tenants in the building, including one who allegedly ran a bed and breakfast from her apartment and another who Macklowe aimed to evict for allegedly limiting construction.

As of 2011, Gore was named the 34th wealthiest person in Africa with a net worth of $280 million, according to Forbes magazine’s annual list. Discovery is best known for its incentive-based Vitality healthcare program, which rewards members with inexpensive flights and discounts for those who regularly visit the gym and eat vegetables.

Also in 2011, Gore purchased a penthouse condo at the Related Companies’ 22-story tower the Brompton, at 205 East 85th Street, for $6.1 million, property records show.

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