Hedge funder Kenneth Tropin is buyer of Meryl Streep’s Tribeca pad

Streep and husband Donald Gummer sold the penthouse for $15.8M

The buyer of actress Meryl Streep’s Tribeca penthouse is hedge funder Kenneth Tropin, public records show.

Through a limited liability company, Tropin paid $15.8 million for the penthouse at the River Loft condominium, located at 92 Laight Street.

Read more

Tropin is founder and chairman of Connecticut-based Graham Capital Management, a hedge fund manager that also has offices in West Palm Beach and London. A message left for Tropin at his firm was not immediately returned.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

The full-floor, four-bedroom unit measures just under 4,000 square feet, pricing the deal at about $3,950 per square foot.

Oscar-winner Streep and her sculptor husband Don Gummer scooped up the home in 2006 for $10.13 million. The couple put it on the market in 2018 for $24.6 million, though the most recent asking price was $18.25 million.

Juliette Janssens and Allison Bandier Koffman of Sotheby’s International Realty represented Streep and Gummer in the transaction. Douglas Elliman’s Brett Miles represented the buyer, according to the Journal.

Write to Mary Diduch at md@therealdeal.com