A apartment on the Kushner Companies’ Puck Residences has snagged the priciest sale but for the constructing.
Unit 9C at 295 Lafayette Road traded for roughly $42 million, in line with public data. The deal comes out to roughly $8,500 per sq. foot for the 5,000-square-foot residence, in line with Marketproof.
The vendor, an entity titled Lyford Holdings LLC and addressed at Penthouse 2 within the constructing, purchased the unit for $28.5 million in 2016. The identification of the customer was additionally shielded by purchaser have been shielded by a restricted legal responsibility firm.
It’s not clear who had the itemizing. The property appeared to have beforehand been rented out for $85,000 per 30 days in 2023, in line with a StreetEasy itemizing for Penthouse 2.
Susanna Lendrum, now at Brown Harris Stevens, and Corcoran’s Vish Velandy had the rental itemizing. Lendrum and Velandy didn’t reply to a request for remark.
The sale is the most recent off-market resale within the constructing, all of which have gone for greater than their authentic buy worth.
In 2024, Penthouse IV sold for $33 million off-market. The house, also referred to as Unit 8C, had final been listed on StreetEasy in July 2022, asking $35 million. The vendor purchased the house for $28 million in 2014.
Charles Kushner’s Kushner Firms purchased the house of the previous satirical cartoon journal Puck in 1986. Kushner’s youngest son, Jared, later developed the highest of the constructing into six residential condos that first hit the market in 2013, to various levels of success.
The constructing’s trophy penthouse, a 7,000-square-foot apartment with one other 5,100 sq. ft of personal outside house, bought to Joshua Kushner and his spouse, mannequin Karlie Kloss, for $35 million in 2021, nicely under its authentic asking worth of $66 million. Kushner and Kloss traded in a smaller unit on the constructing, promoting Unit 8B for $22 million in 2022 after paying $18 million in 2018.
The constructing additionally has seven flooring of workplace house. Tenants embrace Joshua Kushner’s funding agency Thrive Capita and OpenAI, which agreed in 2024 to lease 90,000 square feet of house on the constructing.
Learn extra
Puck Building penthouse trades for $33M
Penthouse at Kushner’s Puck asks $35M
Kushner Companies relists Puck Penthouse with 36% price chop
