The property involved in this transaction is a condo located at 3 East 75th Street in the Upper East Side. The asset spans 7,300 square feet and sold for $19,000,000, resulting in a price per square foot of $2,603. The transaction was completed off-market after several challenges in finding a buyer, including multiple listings and delistings from 2019 to 2023.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $19,000,000
• Address: 3 East 75th Street
• Market: Upper East Side
• Seller: Jim Chanos
• Broker: Hannah Bomze - Casa Blanca
• Square Footage: 7,300
• Price per Square Foot: $2,603

Jim Chanos, known for his role as an Enron short seller, purchased the condo in 2008 for $20,000,000. The condo had faced a long history on the market with initial asking prices significantly higher, starting at $34,000,000 in 2019 and dropping to $19,750,000 in 2023 before reaching its final sale price.