Developer Vlad Doronin is the buyer behind the $135 million sale at his 730 Fifth Avenue condo conversion, public records show.
The founder and chairman of OKO Group bought a 26th-floor unit at the Aman New York, his luxury condo conversion at the Crown Building.
The closing comes about six years after Doronin told the Wall Street Journal that an Asian buyer had signed a contract for the penthouse, then asking $180 million.
The developer paid roughly $10,000 per square foot for the five-story unfinished space, according to Bloomberg, which first reported the sale on Tuesday.
Doronin’s role as the buyer was first reported by the Journal.
Jason Jacobson, an attorney for OKO, signed both sides of the deal, which hit the city register on Thursday. The buyer is listed as 730 Sky LLC with an address in Coral Gables, Florida.
The purchase was financed by a $78 million mortgage from J.P. Morgan Chase, which was also signed by Jacobson.
A spokesperson for OKO Group didn’t immediately respond to request for comment.
The deal for the 12,500-square-foot apartment marked the priciest to close so far this year and only the second to crack $100 million since 2022. Last month, top broker Fredrik Eklund of Douglas Elliman announced the $115 million sale of a penthouse at Extell Development’s Central Park Tower.
Doronin is the latest buyer to scoop up a unit at the Midtown building, which was completed in 2022. Deals at the Aman account for three of the 10 most expensive sales to close so far this year, including the $62 million off-market trade of a 24th-floor unit to a Hong Kong-based private equity executive.
Last summer, an entity tied to a Swiss money manager paid $76 million for one of the building’s 22 residences. A spokesperson for the developer told The Real Deal in March that all of the units had either closed or entered contract.
OKO Group’s in-house team, led by Eyal Dagan and Amie Buchanan, head sales at the building.
Doronin initially partnered with Michael Shvo to buy the office portion of the Crown Building for $475 million in 2015. Though Shvo left the project in 2017, he still retains a small stake.
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