The mortgage director buys the Greenwich Village Wellness Penthouse


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Michael and Elin Nierenberg and their newly purchased shelter at 66 East 11th Street.  (Getty, Douglas Elliman)

Michael and Elin Nierenberg and their newly purchased shelter at 66 East 11th Street. (Getty, Douglas Elliman)

The shelter in Greenwich Village has just been sold for about half the original asking price – the second time it has happened.

Michael Nierenberg, chief executive of REIT New Residential Investment, and his wife, Elin, bought a shelter at 66 East 11th Street for $ 14 million, the New York Post said. It was announced in 2017 for $ 33.75 million, then underwent a series of price reductions before the Nierenbergs collected it for the song – relatively speaking.

In 2013, the penthouse hit the market at a charming price of $ 50 million. It took three years to sell, closing to $ 26 million in 2016.

The Triplex penthouse is located in the Delos building, famous for its so-called wellness facilities, such as vitamin C showers and circadian rhythmic lighting. Deepak Choprawhich has a connection with Delos, a Leonardo DiCaprio they both called the building home.

The apartment itself has four bedrooms, five bathrooms, a private entrance to the elevator and a roof terrace with an area of ​​2300 square meters with a glass solarium.

The Nierenbergs recently released another expensive Village property: their townhouse on 20 East 10th Street, once owned by Sarah Jessica Parker and Matthew Broderick, sold in November for $ 15.85 million. That was 13 percent below the final asking price of $ 18.25 million.

Nierenberg, late Bear Stearns, Fort and Merrill Lynch, in 2013 created a new residential, a non – bank lender that provides mortgages to buyers who cannot obtain or do not want conventional loans due to bad credit or other problems.

New residential stocks, as well as the price tag of the house Nierenberg had just bought, have fallen sharply. Worth it just over half what it was when the pandemic hit.

[NYP] – Amy Plitt


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