Billionaire’s family trust pays $16M for Superior Ink condo

Entity linked to the Dubins picked up unit at Related’s once-star-studded West Village apartment

Billionaire’s Family Trust Buys Superior Ink Condo
Edward Nicoll and Celina Dubin with 400 West 12th Street (Getty, Dubin Children’s Trust, Google Maps)

A trust tied to the family of a hedge fund billionaire is the latest buyer at Superior Ink, once a hot spot for celebrity purchases. 

Dubin Children’s Trust earlier this month paid just under $16 million for a five-bedroom condo at 400 West 12th Street, according to public records. The 4,100-square-foot apartment has views of the Hudson River, an open kitchen and floor-to-ceiling windows. 

The purchase was on behalf of Celina Dubin, the daughter of investor Glenn Dubin and his wife, physician and former Miss Sweden Eva Andersson Dubin. Celina is a resident physician at Mount Sinai’s Icahn School of Medicine. 

The Dubins, known throughout New York and Palm Beach social scenes, were previously linked to disgraced financier Jeffrey Epstein, who dated Eva for more than a decade. The couple wrote an email to Epstein’s probation officer in 2009 after he was released from jail on accusations that he solicited a child for prostitution, saying they were “100% comfortable” with him around their children. 

Epstein once told his associates that he wanted to marry Celina, so she could inherit his fortune without paying inheritance taxes. He named Celina as the beneficiary of a trust in 2014, though she was removed a year later. The Dubins denied any knowledge of the trust. 

Sign Up for the undefined Newsletter

Unit 12C last traded for $13.5 million in 2009 to Wall Streeter Edward Nicoll and his wife, Helen Nicoll. Six years later, the couple paid $14.5 million for a 6,200-square-foot home at 303 East Rivo Alto Drive in Miami Beach. 

Compass’ Alexa Lambert, who had the listing, did not respond to a request for comment. 

The 17-story building, developed by Related Companies and designed by Robert A.M. Stern, was once the site of the Superior Ink Factory. The West Village condo has welcomed a series of high-profile buyers since sales launched in 2007, including actress Hilary Swank, fashion designer Marc Jacobs, NASCAR’s Jimmie Johnson and internet billionaire Mark Shuttleworth. 

The New York Post reported last year the building was also home to at one of the world’s richest men, when an entity tied to Indian billionaire Mukesh Ambani sold a Superior Ink condo for $9 million.  

Read more

Residential
Tri-State
Brandon Miller’s widow lists debt-ridden Hamptons estate for $15M
UES Condo Conversion Leads Manhattan’s Luxury Market
Residential
New York
UES condo conversion leads Manhattan’s luxury contracts
David Copperfield Sued Over “Trashed” Penthouse
Residential
New York
David Copperfield disappeared, but apartment disaster was no illusion: lawsuit
Recommended For You