We acquire what
never lists.

Acquisition Context

The asset had been in the same family for nineteen years. No broker relationship, no listing intent. Our principal had maintained a quiet correspondence with the estate attorney for three years before the call came.

The Difficulty

Two competing principals learned of the opportunity simultaneously. The seller's preference for discretion ruled out any conventional bidding process. We had one meeting, one offer, and forty-eight hours to close the financing.

Final Terms

All-cash at $14.2M, zero contingencies, thirty-day close. The family retained art and fixtures for an additional sixty days — a condition we accepted without negotiation.

Investor Outcome

The acquiring family office holds the asset as a primary New York residence. Comparable full-floor listings in the building have since traded at $17.5M–$19M.

Acquisition Context

The developer had retained the penthouse crown unit as a personal asset following the building's sellout. It did not exist in any brokerage system. Our sourcing came through a relationship with the project's original equity partner.

The Difficulty

The seller required proof of funds and a signed NDA before any photographs were shared. Three international buyers were vetted simultaneously. The unit carried a complex title structure requiring coordination across two jurisdictions.

Final Terms

$31.7M with a structured close allowing the developer to remain in residence for ninety days post-signing. A private side letter addressed the bespoke finishes inventory valued at an additional $2.1M.

Investor Outcome

The buyer — a European family office — positioned the asset as a generational hold. The adjacent tower broke ground twenty-two days after close, and the surrounding land has since been fully absorbed. No equivalent unit will exist in this corridor.