woody johnson

Recent Sales, Upper East Side

834 5th avenue, woody johnson

The real estate world was abuzz last fall when the news hit that Jets owner Woody Johnson had sold his Upper East Side apartment to billionaire Leonard Blavatnik for $80 million, setting the record for most expensive co-op sale ever. The official city documents have hit, though, and the sale price came in lower than expected at $77.5 million. But this is still over the $75 million asking price and doesn’t change the transaction’s record-breaking status, as it still surpasses the previous co-op sale record, set when Israel “Izzy” Englander bought a duplex at 740 Park Avenue for $71.3 million.

It’s not known if Blavatnik, the 32nd richest man in the world, will actually live in the duplex at 834 Fifth Avenue or if it will be merely another shiny object in his trophy case of New York City real estate. He also paid $31.25 million for 2 East 63rd Street, the city’s widest mansion; $27 million for a unit at 998 Fifth Avenue; and $51 million for Edgar Bronfman’s townhouse at 15 East 64th Street. His latest acquisition has five bedrooms, three maids’ rooms, and an open layout perfect for entertaining.

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Celebrities, Recent Sales, Upper East Side

834 5th avenue, woody johnson

In addition to holding the record for highest purchase of a sports team in New York (he bought the Jets in 2000 for a whopping $635 million), Johnson & Johnson heir Woody Johnson now also holds the title for most expensive co-op ever sold in the city. His 11th/12th floor duplex at 834 Fifth Avenue has been snatched up by billionaire Leonard Blavatnik for $80 million, well over the $75 million asking price. This far surpasses the previous co-op sale record, set when Israel “Izzy” Englander bought a duplex at 740 Park Avenue for $71.3 million.

This is merely pocket change for Blavatnik, though, as he’s the 32nd richest man in the world and worth an estimated $21.8 billion. It’s not known if he’ll take up residence in his latest acquisition or just add it to his trophy case of high-end real estate. He also paid $31.25 million for 2 East 63rd Street, the city’s widest mansion; $27 million for a unit at 998 Fifth Avenue; and $51 million for Edgar Bronfman’s townhouse at 15 East 64th Street.

Johnson didn’t live in the home; he used it solely for fundraisers and parties. It has five bedrooms, 5½ bathrooms, and three maids’ rooms, as well as a large staircase and open layout perfect for entertaining.

[Via NY Post]

Celebrities, Recent Sales, Upper West Side 

834 5th avenue, woody johnson

Billionaire NY Jets owner, Woody Johnson is looking to break a record with the sale of his duplex at 834 Fifth Avenue. The unit, which was quietly being shopped around for $75 million, has gone into contract for $80 million. When closed, it will be the city’s most expensive co-op sale ever.

This is clearly a billionaire’s game as the last two sales to claim the top spot were by Egypt’s richest man, Nassef Sawiris, who bought a $70 million home at 960 Fifth Avenue; followed by Israel “Izzy” Englander at 740 Park Avenue who paid $71.3 million for a pad. Both transactions happened this year.

[Via NYP]

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