Acadia sells Lenox Hill condos as NYC sees strong real estate activity

Tanya Wexler, Film Director
Tanya Wexler, Film Director
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There were 148 real estate transactions totaling $230 million recorded in New York City before 4:00 p.m. on Monday, October 20.

Among residential sales, film director Tanya Wexler sold a townhouse at 83 Jane Street in the West Village for $14.6 million to an LLC named after the property’s address. Wexler bought the five-story home in 1999 and listed it for $17.5 million in May 2024. The townhouse features an elevator, roof deck, about 2,000 square feet of outdoor space, and five bedrooms. Stephen Ferrara and Clayton Orrigo of Compass handled the listing.

On the commercial side, a retail and office condo at 1035 Third Avenue in Lenox Hill was sold by an LLC tied to Acadia Realty Trust for $22 million. The buyer is an LLC linked to Albert Rabizadeh of Global Asset Management LLC. The mixed-use building has 113 apartments and commercial units. Acadia previously paid $29 million for two units and another $22 million for a parking garage at this location in 2015. The retail unit covers about 7,800 square feet; office space spans approximately 12,800 square feet across two floors.

Stephen Orlins, president of the National Committee on U.S.-China Relations, along with Jiaying Jiang, purchased a sponsor unit at 15 Hudson Yards for $7.9 million from Related Companies and Oxford Properties Group. Initially listed nearly ten years ago at $11.9 million, its most recent asking price was just under $8.5 million. The four-bedroom apartment is just over 3,000 square feet—about $2,600 per square foot—with Corcoran’s Hottinger Team and Arsic Lau Team representing the listing.

In another West Village transaction near the Whitney Museum of American Art, a townhouse at 80 Horatio Street sold for $10.3 million from seller 80 Horatio St. Corp., led by Patrick Monahan since at least the late 1970s, to an LLC associated with Maurice Regan of J.T. Magen & Company. Amy Herman and Kyle Cooper from Brown Harris Stevens had the listing.

Journalist David Muir sold his townhouse at 256 West 4th Street in the West Village for $6.9 million to an LLC named after its address; he originally bought it via LLC in 2013 for $4.2 million. Built in 1877 with three bedrooms and three bathrooms, it was listed this April for $7.5 million by Compass agents Henry Hershkowitz, Britt Blaxton, Christine Rocchio, Anthony Lucia and Jonathan Meiselman.

A sponsor unit at The Centrale (138 East 50th Street) in Turtle Bay was acquired by an LLC linked to Jeremy Lo Yi Yun for $6.4 million—a three-bedroom unit spanning about 2,800 square feet ($2,300 per square foot). It first went on sale June 2024 with a price tag of $7.9 million; Douglas Elliman’s Bertrand Buchin, Joan Swift, Glenn Davis and Connor Cuccinelli managed the listing while Ceruzzi Properties and SMI USA developed the property.

In New Jersey political news related to real estate donations ahead of the gubernatorial election: Republican nominee Jack Ciattarelli received about $1.3 million from industry contributors—more than double what Democratic nominee Mikie Sherrill received ($567,000).

For those interested in earlier access to these transaction digests each evening TRD Data offers subscriptions.



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