One of New York City’s costliest co-ops has closed, with the sale of a palatial triplex overlooking the Central Park reservoir that was owned by Jacqui Safra, a Swiss financier and producer of a number of Woody Allen movies. At $60 million, it was the most important transaction in August and second priciest to this point this 12 months.
The penthouse takes up the 14th by means of 16th flooring of two East 88th Street, at Fifth Avenue, and consists of two spacious terraces on the highest two ranges. It was bought in an off-market deal by Mr. Safra to an nameless purchaser for $20 million above the asking worth.
Among the month’s different notable closings, Jeff Bezos, Amazon’s founder and the world’s richest particular person, appeared to have additional enlarged his area at 212 Fifth Avenue, the place he has been steadily buying house. He was the probably purchaser of a $23 million, half-floor house on the 20th flooring, subsequent to a equally sized unit that he purchased within the spring of 2020 for $16.1 million. He bought three others, together with a triplex, in 2019.
And whereas Mr. Bezos was apparently accumulating actual property, Adam Neumann, a founding father of the workplace rental start-up WeWork, liquidated extra of his holdings, promoting his Greenwich Village townhouse.
Also, Scott Rudin, the embattled movie and Broadway producer, bought his longtime residence on the San Remo. And Kenneth Lowe, a founding father of the favored HGTV channel, and his spouse, Julia Lowe, purchased a sponsor house on the One57 tower.
Noteworthy property gross sales, each co-ops, included the Upper West Side residence of the Broadway veteran Phyllis Newman and the house of the style designer Herbert Kasper.
The triplex bought by Mr. Safra has 14 rooms encompassing round 7,000 sq. toes. It is configured with simply two foremost bedrooms, and has 5 and a half bogs and 5 fireplaces. The huge major suite is located on the decrease degree, which additionally features a research, residence fitness center and workers quarters.
The different ranges comprise leisure areas and places of work/research, and on the prime, a glass conservatory. Outdoor house totals 2,500 sq. toes of wraparound terraces.
The buy was made by means of the Otto 88th Street Trust.
The $60 million recorded worth is the fifth highest for a metropolis co-op, in keeping with the appraiser Jonathan J. Miller. The costliest, at $77.5 million, was the 2015 sale of a duplex at 834 Fifth Avenue owned by the New York Jets proprietor Woody Johnson.
The 88th Street transaction can also be the second largest in 2021, after the June closing of two flooring at 220 Central Park South for a mixed $157.5 million.
Mr. Safra and his longtime associate, Jean Doumanian, a stage, TV and movie producer, have owned quite a few high-end properties all through town, together with the Harkness mansion at 1 East 75th Street and Fifth Avenue.
The house at 212 Fifth Avenue, at West 26th Street in NoMad, which bought for $23 million, extends four,155 sq. toes. There are 4 bedrooms and 4 and a half bogs, plus a laundry room.
The vendor, listed as Madison Flatiron L.L.C., had purchased the house in 2018 for $18.1 million.
The unit went into contract on the finish of June and the sale recorded on Aug. 6. While Mr. Bezos wasn’t recognized within the deed — the restricted legal responsibility firm Gramercy Hudson was used — the Seattle-based legislation agency that had represented him within the different transactions on the constructing was concerned on this sale. (Amazon can also be based mostly in Seattle.)
In 2019, he acquired three different models atop the 24-story constructing for a complete of $80 million, together with a triplex.
The neo-Gothic Fifth Avenue condominium, going through Madison Square Park, was constructed between 1912 and 1913. The steel-frame tower, with decorative stone, brick and terra cotta cladding, was previously an workplace constructing,
Mr. Neumann, the previous head of WeWork, and his spouse, Rebekah Neumann, who had served as the corporate’s chief model and impression officer, received nearly $13.7 million for their townhouse at 41 West 11th Street. The property was bought by means of Reinvent Golden Ridge L.L.C.
The pink brick, Greek Revival home, inbuilt 1847, is almost 23 toes vast and 4 tales excessive, with six bedrooms, 5 and a half bogs and an workplace/den. There are additionally six wood-burning fireplaces, in addition to a landscaped backyard within the rear.
The couple had closed on the house, simply off Fifth Avenue, in 2014, paying $10.5 million. They have additionally acquired a number of different high-priced houses across the nation, a few of which had been lately bought, together with a home within the Hamptons that reportedly bought final 12 months for $1.25 million and one in Corte Madera, Calif., this previous spring for $22.four million.
The Neumanns additionally listed their triplex penthouse at 78 Irving Place, close to Gramercy Park, in February 2020, for $37.5 million, however took if off the market this June.
Mr. Neumann stepped down as WeWork’s chief government in September 2019 following the corporate’s failed preliminary public providing. He co-founded the corporate in 2010.
A co-op house on the San Remo, at 146 Central Park West, was simply bought for $13.1 million.Credit…Chester Higgins Jr/The New York Times The vendor on the San Remo was Scott Rudin, the Broadway and Hollywood producer.Credit…Matt Sayles/Associated Press
Mr. Rudin bought his co-op house on the San Remo, at 146 Central Park West, to Dan Weiss, the previous writer of the SparkNotes research guides, and his spouse, Amy Berkower, a literary agent. The sale worth was $13.1 million.
The buy was made in an off-market deal, so few particulars in regards to the unit can be found.
Mr. Rudin had been a resident of the 27-floor twin-tower landmark house home, a few blocks from the American Museum of Natural History, since at the least the 1990s. Two years in the past he paid $17.four million for a four-story, Greek Revival townhouse at 22 Bank Street that was owned by Graydon Carter, the longtime editor in chief of Vanity Fair journal.
One of probably the most highly effective producers on Broadway and in Hollywood, Mr. Rudin has gained 17 Tony Awards, together with an Emmy, a Grammy, and an Oscar. His work consists of movies like “The Social Network” and “No Country for Old Men” and Broadway reveals together with “To Kill a Mockingbird” and “The Book of Mormon.”
But earlier this 12 months he introduced his resignation from the Broadway League, the commerce affiliation of producers and theater house owners, following quite a few allegations of office bullying.
Kenneth Lowe, a founding father of the HGTV channel, purchased a sponsor house on the One57 tower.Credit…Tom Uhlman for The New York TimesThe glassy-blue skyscraper, at 157 West 57th Street, is located on Billionaires’ Row in Midtown.Credit…Andrea Mohin/The New York Times
The Lowes paid $12.7 million for an house on the glassy-blue high-rise at 157 West 57th Street on billionaires’ row. The unit had been listed for $14.2 million.
The three,200-square-foot residence options three bedrooms, three full bogs and a powder room, together with a chook’s-eye view of close by Central Park.
Mr. Lowe ran Scripps Networks Interactive, the proprietor of the Food Network and HGTV, earlier than it was acquired by Discovery Communications greater than three years in the past.
Ms. Newman’s residence, a duplex on the Beresford, at 211 Central Park West, was bought by her property for $17.2 million. The house was listed for $24 million in November 2019, two months after Ms. Newman’s demise at age 86.
Ms. Newman, a two-time Tony Award-winning actress, singer and girls’s well being advocate, had lived within the house along with her husband, Adolph Green, a playwright and lyricist who shared in seven Tonys. He died in 2002. The couple raised their two kids there and performed host to a protracted record of showbiz associates.
The unit, which sits on the 19th and 20th flooring, has about three,300 sq. toes of inside house, with 5 bedrooms and 4 bogs. There can also be a 600-square-foot terrace with views of Central Park and the Midtown skyline.
The purchaser was the CPW Terrace Trust.
The property of Kasper, as he was recognized, bought his residence at 32 East 64th Street, a.okay.a. the Verona, for $10 million, which was the asking worth when it was listed this previous March. He died in March 2020 at age 93 after a protracted profession within the style trade. The Kasper model produces inexpensive ladies’s sportswear and attire.
Kasper had purchased the co-op house in 1979 and stuffed it with museum-quality art work. The unit has round four,700 sq. toes, with three foremost bedrooms, every with an en-suite lavatory, in addition to a workers bed room and loo, a small workers workplace and a powder room.
The patrons had been Alexander Sevin Sloane and Alexandra Schuster.
And let’s not neglect 220 Central Park South, the ultraexpensive skyscraper the place the month’s runner-up sale came about. A half-floor residence on the 54th flooring closed at almost $40.1 million. The four,814-square-foot house has 4 bedrooms and 4 and a half bogs. The vendor, MKC Properties L.L.C., a restricted legal responsibility firm, had purchased the unit in 2019 for $38.2 million; the client’s identification was shielded by the legal responsibility firm CVCPS.
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