Woody Johnson’s Co-op Sale Still Sets Record, but Comes In Lower Than Expected at $77.5M

March 26, 2015

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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