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Jeffrey Levine sells his West Village townhouse for tidy profit
Developer nets $9M more than 2010 price for 81 Barrow Street
![Developer Jeff Levine Sells His West Village Townhouse](https://static.therealdeal.com/wp-content/uploads/2024/07/main_NY_81-Barrow-Street-Jeff-Levine-1400x875.png)
A photo illustration of Randi and Jeffrey Levine along with 81 Barrow Street (Getty, Google Maps)
Developer Jeffrey Levine and his wife Randi Levine, the U.S. ambassador to Portugal, cashed in their West Village townhouse.
The couple sold their home at 81 Barrow Street for $21.6 million in an off-market deal, according to public records. The buyer is an anonymous LLC registered to an office building in Albany. The buyer’s attorney, Barry Landsman, declined to comment.
The Levines purchased the two-family property, built in the 1850s, for $12.75 million in December 2010, about a month after it hit the market for $15 million. At the time, a listing said the 5,500-square foot-home had an elevator, Jacuzzi and two-tiered rooftop terrace.
Levine is the founder and chairman of Douglaston Development and Levine Builders. His projects include The Edge condos on the Williamsburg waterfront and 3Eleven, a 60-story apartment complex near Hudson Yards.
Earlier this year Douglaston paid $115 million for a 90-unit, Upper East Side rental property formerly owned by Marjorie Nesbitt. The developer plans to convert the building, which sits between East 82nd and East 83rd streets, into 172 apartments.
Douglaston was embroiled in a donation scandal after the company contributed to former Mayor Bill de Blasio’s since-shuttered nonprofit.
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In 2019, the firm agreed to pay $10,000 to settle an allegation that it violated state ethics laws when it donated to the fund after a personal solicitation from de Blasio. The contribution came a few weeks after the developer won $12 million in financing for an affordable housing complex on city-owned land in the Bronx.
Randi Levine has served as U.S. ambassador to Portugal since 2022, a year after she was nominated to the post by President Joe Biden. (Such posts are routinely given to major donors.) She previously served as the commissioner at the Smithsonian National Portrait Gallery in Washington, D.C., and is a member of the Council on Foreign Relations.