Brooklyn Heights

The $10.7 million condo and other Pierhouse tales

Eye on Real Estate: Here are the latest closings at the Brooklyn Bridge Park development

April 13, 2017 By Lore Croghan Brooklyn Daily Eagle
Condo sales are rolling right along at Pierhouse, the development that stretches along Furman Street as far as the eye can see in this photo. Eagle photos by Lore Croghan

Ka-ching!

Brooklyn Heights couple Timothy and Stephanie Ingrassia have made the priciest purchase to date of a Pierhouse condo — for $10,669,579, city Finance Department records indicate.

He’s a Goldman Sachs banker and member of the Brooklyn Academy of Music’s endowment trust board. She’s a vice chair of the Brooklyn Museum board of trustees.

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They also own 140 Columbia Heights, Finance Department records indicate. It’s an 1840s Greek Revival-style home with a late 19th-century mansard roof.

Real estate website 6sqft was the first to identify the Ingrassias as the makers of the big-ticket buy at the condo-plus-hotel development Toll Brothers and Starwood Capital Group have nearly finished building in Brooklyn Bridge Park.

Pierhouse’s north condo building is located at 90 Furman St., the south condo building is at 130 Furman St. and 1 Hotel Brooklyn Bridge is at 60 Furman St.

Pierhouse has generated controversy because of legal disputes about whether it blocks part of the protected view plane between the Promenade and Brooklyn Bridge.

The Ingrassias’ big-dollar deal prompted Eye on Real Estate to write this followup to a story we published in February about initial Pierhouse sale closings.


See Related Stories below to read about those first 40-plus condo closings at Pierhouse. There are 106 residential condos at the waterfront development.

The following information about purchases that have been finalized since then comes from Finance Department records. So does info concerning the sales of some Pierhouse condo buyers’ previous residences.  

A bit of back story about these purchases

* The Joseph V. Taranto Revocable Living Trust and the Anne C. Taranto Revocable Living Trust paid $7,046,841 for a Pierhouse condo.

Joseph V. Taranto and Anne C. Taranto, who are trustees of the trusts named after them, sold their Brooklyn Heights co-op at 160 Columbia Heights in August 2016 for $842,000.

He’s the chairman of Everest Re Group, whose subsidiaries are insurance and reinsurance companies.

* Janet Offensend is the authorized signatory for Pierhouse N-802 LLC, which bought a Pierhouse condo for $4,432,798.

For many years, Janet and David Offensend lived in Brooklyn Heights and were active supporters of local organizations such as the Brooklyn Kindergarten Society, the Brooklyn Public Library and Packer Collegiate Institute.

Until 2014, he was the chief operating officer of the New York Public Library.

In 2014, the couple sold their Brooklyn Heights house, 19 Monroe Place, for $6.825 million.

In 2015, he became the president and CEO of Education Development Center in Waltham, Massachusetts.

* Marcos Alvarado paid $3,740,388 for a Pierhouse condo.

According to the Real Deal, the first publication to report this purchase, he’s a former managing director of Pierhouse co-developer Starwood Capital Group. Alvarado is now the head of acquisitions for Cadre, a real estate finance startup.  

* Keiko Ono Aoki bought a Pierhouse condo for $2,798,507. She’s the widow of Rocky Aoki, who founded the Benihana restaurant chain.

The website Luxury Listings NYC was the first to report this transaction.

Other buyers and what they paid

* Raymond L. Brown, $6,838,414

* Roman Gershun and Remualda Gershun, $6,472,607

* John Cocke and Virginia Cocke, $5,603,786

* The John Giuffre 2012 Staten Island Trust, and Ignazio Giuffre and Marilyn Giuffre as trustees, $4,432,798

* Lawrence O’Donnell and Susan O’Donnell, $3,770,936

* Kelly Anne Sullivan, $3,720,023

* Cameron Nia, $3,312,112

* Philip D. Seares and Joyce V. Seares, $3,109,073

* Michael Haddad, $2,447,211

* Louis Lubrano and Concetta Lubrano, $2,370,842

* Benjamin Tuliebitz and Erin Tuliebitz, $1,658,067

 


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