Witkoff’s 150 Charles Sets New Downtown Record

A financier’s West Village condo just set a new record for Downtown Manhattan.

Harsh Padia, CEO of HAP Capital, and his wife, interior designer Purvi Padia, traded their apartment for $60 million in an off-market deal that closed Thursday, the Wall Street Journal first reported. The sale price was double what the Padias paid for the apartment in 2016.

The deal is now the most expensive for a condo in the area, surpassing private equity billionaire Robert Smith’s $59 million purchase of a penthouse in the Getty Building in 2018.

Though it’s the priciest for a condo on record, the deal fell short of the largest townhouse sales Downtown, including a $73 million megamansion that closed in Greenwich Village last year.

The buyer, whose identity remains unknown, paid roughly $10,300 per square foot for the duplex, which also features a sprawling private terrace overlooking the Hudson River. The ninth-floor unit has five bedrooms, five bathrooms and a spiral staircase.

Serhant’s Peter Zaitzeff and Compass’ Jim St. André represented the Padias in the deal. Compass’ Eric Brown and Zeve Salman brought the buyer.

The Witkoff Group’s 150 Charles has snagged several pricey resales in recent years. A company tied to Credit Suisse executive Robert Shafir sold a penthouse at the building for $52 million, or a whopping $11,500 per square foot, in 2023 after purchasing it for $29 million in 2016.

The developer launched sales at the building in 2013 and racked up an A-list roster of buyers, including Ben Stiller, Jon Bon Jovi and Irina Shayk. The building’s amenities include a spa, pool and fitness center.

Alex Witkoff is now the sole CEO of Witkoff Group after his father, Steve Witkoff, was appointed special envoy to the Middle East by President Donald Trump. The elder Witkoff told Bloomberg this week he was in the process of divesting from his development firm and a cryptocurrency firm he co-founded with Alex and his other son, Zach Witkoff, to avoid conflicts of interest.

— Sheridan Wall