Something is better than nothing, particularly after the year Manhattan’s residential real estate market had in 2020.
CNN anchor Don Lemon sold his two-bedroom condo in Harlem for around $1.53 million, according to Douglas Elliman. The sale closed on Thursday, with Lemon coming out slightly ahead; the final sale price was about $42,000 above what he paid for it in 2013.
Lemon bought the 1,404-square-foot apartment at 2280 Frederick Douglass Boulevard for about $1.49 million in 2013. He converted it from a three-bedroom into a two-bed with an open concept living room and chef’s kitchen. He lived there with his fiancé, Elliman broker Tim Malone, who handled the sale on his partner’s behalf.
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When Malone initially listed the unit for $1.75 million last February, it was a different world. At the time, he said the couple wanted to try living in a new neighborhood and were looking for something closer to CNN’s studios at 30 Hudson Yards.
A few weeks later, the pandemic triggered a lockdown of nonessential services that banned showings. But Malone kept the listing live, ultimately dropping the price twice — first in August and again in October — to a final ask of $1.55 million before the unit went into contract.
“They are excited to create a new space together,” said Serine Labidi, an agent who works with Malone on Steven Cohen’s team, in an email. She noted that the couple is looking for a larger apartment now that they spend more time at home.
It’s unclear whether the couple have a new spot in mind. Lemon and Malone did not immediately respond to requests for comment.
Lemon also owns a five-bedroom house in Sag Harbor, which he bought for $3.1 million in 2016.