820 Fifth Ave Co-op Double Deal: Safra, Hovnanian and Griffth | NYC Co-op Apartment Sales
NY coops and cooperative apartment sales: prices, buyers, sellers, details, and deals
Random header image... Refresh for more!

820 Fifth Ave Co-op Double Deal: Safra, Hovnanian and Griffth

Hovnanian’s Sell their 820 Fifth Avenue co-op apartment to Lily SafraA double co-op apartment sale at 580 Fifth Avenue involved transactions totaling $73 million, not including a host of taxes (mansion, flip, NYC Transfer, NYS Real Property Tax).


Lily Safra took the elevator from her penthouse co-op  down to Ara Hovnanian and Rachel Hovnanian’s 4th floor apartment, buying their previously apartment for a $33 million, several million more than Steven and Lisa Blau’s previously rejected offer of $31 million.

As reportedly earlier today, Safra also sold her 12th floor apartment for $40 million to hedge fund executive Kenneth Griffith.

820 Fifth’s co-op board rejected the Hovnanian’s previous $31 million offer to sell their apartment to fellow real estate executive Related president Jeff Blau and wife Lisa Blau./p>

The Hovnanian’s won’t have to deal with co-op boards any more: they’re moving to a townhouse in the Village on West 12th Street.

[Slashdot] [Digg] [Reddit] [del.icio.us] [Facebook] [Technorati] [Google] [StumbleUpon] Sphere: Related Content

2 comments

1 Twitter Trackbacks for 820 Fifth Ave Co-op Double Deal: Safra, Hovnanian and Griffth | NYC Co-op Apartment Sales [coopsales.com] on Topsy.com { 12.22.09 at 11:23 pm }

[…] 820 Fifth Ave Co-op Double Deal: Safra, Hovnanian and Griffth | NYC Co-op Apartment Sales http://www.coopsales.com/2009/12/22/820-fifth-ave-co-op-double-deal-safra-hovnanian-and-griffth – view page – cached NY coops and cooperative apartment sales: prices, buyers, sellers, details, and deals […]

2 real estate looks { 09.23.14 at 1:38 am }

Attractive section of content. I just stumbled upon your blog and in accession capital to
assert that I acquire in fact enjoyed account your blog posts.

Anyway I will be subscribing to your augment and even I achievement you access
consistently rapidly.

Leave a Comment