It’s Official: Jets Owner Woody Johnson Sells Fifth Avenue Co-op for a Record Setting $80M

[Maxman]

It’s Official: Jets Owner Woody Johnson Sells Fifth Avenue Co-op for a Record Setting $80M

POSTED TODAY, OCTOBER 21, 2014BY DANA SCHULZIN CELEBRITIES, RECENT SALES, UPPER EAST SIDE

 

 

834 FIFTH AVENUE, NY, UNITED STATES

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 whenIsrael “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]

 

[Arsis]

I'm a doorman at a building where an apartment sold for more. It's sick.

[Matt39]

Manhattan should be its own country.

[#27TheDominator]

Manhattan should be its own country.

 

It's not?

[Gastineau Lives]

He's going to feel so foolish when the sea level rises.

[JetsFanInDenver]

Once again my bid fell just short!

[nj meadowlands]

Did SAR I buy it?

[The Crusher]

Does this count towards the Jets tunovers stats?

[Sperm Edwards]

At least now he can afford to pay Percy Harvin. 

[Matt39]

It's not?

 

Ha. 

[T0mShane]

I'm a doorman at a building where an apartment sold for more. It's sick.

You think you'd be nicer.

[Sperm Edwards]

You think you'd be nicer.

 

No.

[Larz]

so he had the top 2 floors ? wow nice

 

so this means he is getting ready to extend rex and idzik ?

[Sperm Edwards]

so he had the top 2 floors ? wow nice

 

so this means he is getting ready to extend rex and idzik ?

 

Or that he's getting ready to eat their contracts while paying 2 new guys even more.

[jack48]

I'm a doorman at a building where an apartment sold for more. It's sick.

where the rats wear bow ties.

[Matt39]

Does the 80 mill carry over?

[jgb]

that is the definition of a fortune--that money has been providing opulent lives for generations of johnsons.

[jack48]

Or that he's getting ready to eat their contracts while paying 2 new guys even more.

my first thought was: he is moving to Alaska.  But they say he did not actually live there.

[j4jets]

Once again my bid fell just short!

 

It often does, Idzik. 

[Arsis]

You think you'd be nicer.

I'm the. Nicest, mother****er.

[IPBanBadPosters]

Put it all into canvass bags with comically oversized dollar signs on them, put said bags in the back of a dumptruck, then back said dumptruck onto Jim Harbaugh's front lawn...

[JohnnyLV]

wait...$80 million for just an apartment in that building not the entire building???? WTF

[Integrity28]

Could have had at least 11 top 10 corners for $80mil.

 

Thanks Idzik.

[Jetmech]

So what are the maintenance fees on that? Co-ops are higher than condos...

[Villain The Foe]

Manhattan should be its own country.

 

It's not?

 

Well, its definitely its own island. Thats a start. 

[Sperm Edwards]

where the rats wear bow ties.