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Luxury Magazine Publisher Lists $11M Manhattan Condo

Jason Binn is no stranger to high-end living

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Jason Binn has made his name publishing high-end glossies aimed at the super wealthy, and it seems he is no stranger to luxury living himself if the Tribeca loft that he just put on the market is anything to go by.

The New York-based magazine publisher just listed his 4,400-square-foot, three-bedroom condo overlooking the Hudson River, with a $10.95 million price tag, the listing shows.

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This is more than five times the $2.074 million that property records show he paid for it in 2005 with his real estate broker wife, from whom he is now separated.

Mr. Binn is best known for being the founder and CEO of DuJour Media Group. The company formed a partnership with Gilt in 2012 to launch DuJour magazine for wealthy Americans and past cover stars include Christy Turlington, Angelina Jolie and Kim Kardashian-West.

According to a New York Times article at the time of its launch, you had to meet at least five of seven criteria in order to receive the magazine, which include liquid assets of $1 million and a net worth of $5 million, but it’s not known if this is still the policy.

Previously, he founded and ran publishing group Niche Media, whose magazines include Gotham, Los Angeles Confidential,  and Hamptons.

The apartment is in the posh River Lofts two-building development in Manhattan’s trendy Tribeca neighborhood, designed by architect Tony Ingrao.

Consciously uncoupled duo Gwyneth Paltrow and Chris Martin also own a penthouse here (but in a different building), which they recently removed from the market after struggling to find a buyer. This, despite cutting the asking price, and the actress showing it off on her website Goop.

Features of Mr. Binn’s apartment include a corner library that could be turned into a fourth bedroom, an open living/dining room with a wet bar and views of the Hudson River, according to the listing.

The master suite has a corner bedroom, a dressing room and a master bathroom with burled English oak custom cabinets and  heated marble floors. The other two bedrooms also have ensuite bathrooms, while there is also a custom-built infrared sauna.

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Mr. Robb and the listing agent, Adam Modlin of The Modlin Group, did not respond immediately to request for comment.