Richard Serra

June 8, 2017

Sculptor Richard Serra drops $7M on Tribeca loft, now owns entire building

When this sprawling, full-floor Tribeca loft at 173 Duane Street first hit the market for $7.95 million at the beginning of the year, 6sqft wasn't the least bit surprised at its strikingly creative interiors, considering it was owned by artist Merrill Steiger. As we noted, it's the same building where prolific sculptor Richard Serra has lived and worked since the 1990s. At various points, he and his wife Clara have purchased the first, third, fourth, fifth and sixth floors of the early 20th-century cast-iron building, most recently paying just under $4 million for the third floor in 2011. This left only the second floor out of their hands, but LL NYC reports that Serra has just coughed up $7 million for Steiger's unit, giving him ownership of the entire building.
Take a look around