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HomeProperty InsuranceSeagram Inheritor Shells Out $35.6M For SoHo Pad

Seagram Inheritor Shells Out $35.6M For SoHo Pad



Eli Bronfman, the grandson of late billionaire and Seagram chairman Edgar Bronfman Sr., bought the property from Sam Ben-Avraham, who’s founder and chief govt of trend and way of life commerce present occasions firm Liberty Gala’s.

A Seagram liquor fortune inheritor has bought a SoHo, New York, apartment for a cool $35.625 million, The Wall Avenue Journal reported on Friday.

Eli Bronfman, the grandson of late billionaire and Seagram chairman Edgar Bronfman Sr., bought the unit at 20 Greene Avenue from Sam Ben-Avraham, who’s founder and chief govt of trend and way of life commerce present occasions firm Liberty Gala’s.

Hannah Bomze and Louis Buckworth of Casa Blanca brokered the deal.

The apartment encompasses practically 7,000 sq. ft of house throughout two totally different flooring, in keeping with property information portal PropertyShark. It was bought off-market and options 5 bedrooms, a media room, a big studio for both house workplace or fitness center use and a landscaped roof, The Journal reported.

As well as, the unit’s constructing, which has a decorative cast-iron facade, belongs to the SoHo-Solid Iron Historic District, as designated by the Landmarks Preservation Fee in 1973. Bronfman joins cryptocurrency billionaires Cameron and Tyler Winklevoss as a resident within the constructing — though their tenures might not overlap for lengthy, for the reason that Winklevoss twins listed their unit within the constructing for $16.95 million in April, in keeping with information.

The deal follows a record-breaking penthouse sale in SoHo in November 2021 for $49 million in one other affirmation of New York Metropolis’s luxurious resurgence within the wake of the pandemic.

Bronfman works for the household’s personal funding workplace and in addition co-founded reasonably priced housing funding agency Lincoln Avenue Capital Administration LLC together with his brother, Jeremy Bronfman. Edgar Bronfman Sr., who died in 2013, began working at his household’s liquor firm on the age of 21 as an apprentice taster and accounting clerk and in the end climbed the ranks all through the years to change into chairman.

In his position as president of the World Jewish Congress from 1981 to 2007, he’s credited with shaping the group right into a extra targeted entity and pressed for elevated rights for Jewish folks dwelling within the Soviet Union.

Electronic mail Lillian Dickerson



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