Photo: Massey Knakal
In December, we reported on the $17.5 million sale of two East Village buildings at 170-174 East 2nd Street. Now, The Real Deal has identified the buyer as Jared Kushner, who is amassing quite the portfolio in the neighborhood.
The package consists of a six-story, 34-unit building and a five-story, nine-unit building. The seller was Keystone Group founder Erez Itzhaki, who had just acquired the buildings from long-time owner Marie Kripanidhi, The Real Deal reported.
Itzhaki told The Real Deal that he sold the walk-up buildings to focus his energies on other deals, such as the $130 million buy of 100 Varick Street in partnership with Michael Shvo.
The sale was handled by Itzhaki Properties’ Edan Cohen and Yona Edelkopf. The contiguous walk-ups have a total of four ground-floor retail spaces.
170 East 2nd Street, the larger of the two structures, was home to Allen Ginsberg from 1958 to 1961. The poet rented apartment 16, where he wrote the widely noted “Kaddish,” an elegy for his mother.
