Saturday, 22 June 2019

Retired apparel designer sells Manhattan penthouse for big gain

Designer Andrew Rosen sold his Manhattan home for $18.5 million after quitting his job as CEO of the apparel company Theory in April. Rosen sold the Greenwich Village penthouse for 42 percent more than the $13 million he paid in 2012, but less than the $21.5 million he listed it for in September 2018. The gain on the sale to Long Light Capital financier Justin Korsant stemmed from the overall rise in luxury Manhattan prices […]



source https://therealdeal.com/national/2019/06/22/retired-apparel-designer-sells-manhattan-penthouse-for-big-gain/#new_tab

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