Zeckendorf Growth and Eyal Ofer’s International Holdings lastly traded a duplex penthouse at 50 United Nations Plaza — although at a steep low cost.
The sale of the 9,700-square-foot house closed final week for $28.5 million, The Actual Deal has realized. The ultimate value is $10 million decrease than the condominium’s final asking value when it snagged a signed contract in August 2024. It’s additionally considerably lower than the $70 million it sought when the builders launched gross sales in 2013.
The condominium spans the forty second and forty third flooring and has 4 bedrooms, seven loos and two employees rooms. It additionally includes a terrace, views of the East River and a 33-foot swimming pool.
A workforce with Zeckendorf Advertising and marketing led gross sales on the constructing, whereas Douglas Elliman’s Jessica Levine introduced the client.
Spokespeople for the builders didn’t instantly reply to requests for remark. Levine declined to touch upon the sale.
William and Arthur Zeckendorf purchased the location for $160 million in 2007, although development on the 88-unit constructing stalled for years after the sale because of the Nice Recession. The tower, designed by Foster + Companions, was accomplished in 2015. It consists of facilities corresponding to a health middle, pool and kids’s playroom.
The builders initially focused a sellout above $710 million, however by 2020, that was lowered to round $640 million. On the time, the town was saturated with new development condos, leaving many to languish in the marketplace whereas others remained unlisted and vacant.
The constructing, throughout the road from the United Nations’ Guests Companies wing and only a few blocks away from its headquarters, has attracted plenty of diplomats and overseas dignitaries.
In 2020, the nation of Kuwait dropped $16.1 million on an house on the constructing to function the non-public residence of the nation’s New York-based consul common, Hamad Al-Hazeem. The 12 months prior, the British Consulate-Common in New York additionally paid about $16 million for a condominium on the thirty eighth ground, whereas the Everlasting Mission of the State of Qatar shelled out $45 million for 4 items in 2015.
Different notable consumers on the tower embrace the previous president of Kohl’s, Jay Baker, and his spouse, Pat, who purchased a penthouse on the thirty ninth ground in 2019. The couple paid $16 million.
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