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Developer Jared Kushner Sells Puck Building Penthouse for $28 Million

The unit in the well-known Soho condo development had been asking $35.1 million

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The Puck Building condo measures 5,222 square feet with a library, an office and a great room.

SCOTT WINTROW/GAMUT PHOTOS
The Puck Building condo measures 5,222 square feet with a library, an office and a great room.
SCOTT WINTROW/GAMUT PHOTOS

Puck Penthouses, a six-unit condo project in downtown Manhattan’s landmarked Puck Building, has sold a three-bedroom unit for $28 million. The 9th-floor apartment, Penthouse II, had been priced at $35.1 million, according to listing agents Nikki Field and Mara Flash Blum of Sotheby’s International Realty. The unidentified buyer “made a nice deal,” said developer Jared Kushner, who is also publisher of Observer Media and is married to Ivanka Trump, daughter of presidential candidate Donald Trump. “We’re OK with people getting good deals.” More:Inside SoHo's Puck Penthouses The transaction represents the second unit in the Soho building to close since sales launched in the fall of 2014. Ms. Field said the price, about $5,360 a square foot, is one of the highest prices a square foot ever for a residential sale in Soho or Nolita. Last month, the price of the building’s largest penthouse was​reduced to $58.5 million from $66 million.

Penthouse II measures 5,222 square feet with a library, an office and a great room, Ms. Field said. The master suite consists of a bedroom, two dressing rooms and two bathrooms. A private landscaped terrace, which measures about 800 square feet, has views of the Chrysler Building to the north. The building also recently switched listing agents, hiring the Corcoran Group to take over sales of remaining units. “Nikki did a great job,” Mr. Kushner said. But “it’s good every now and then to switch it up.” Of the switch Ms. Field said: “It’s the nature of our industry. You get your turn at bat and then someone else is up.” Mr. Kushner, 35, also said he eventually plans to move his family into the Puck Building, although he wouldn’t say which unit he has his eye on. Write to Candace Taylor at Candace.Taylor@wsj.com

This article originally appeared on The Wall Street Journal.