Published On: Wed, Jul 27th, 2016

George Soros’ Son Sells Nolita Townhouse, With Rooftop Basketball Court, at a Loss

Gregory Soros bought the townhouse for $11.99 million in 2010

George Soros’ Son Sells Nolita Townhouse,   With Rooftop Basketball Court,   at a Loss -1

George Soros’ son, artist Gregory Soros, it seems that he doesn’t have quite the real estate acumen as his older half-sister, Andrea Soros Colombel, or his mother, Susan Weber Soros, who both successfully flipped their homes in the past few years.

Soros paid design duo Robert and Cortney Novogratz $11.99 million to take up residence in the five-story townhome at 5 Centre Street in 2010. Soros apparently grew bored of the 5, 700-square-foot space by 2013, putting the four-bedroom, 4.5-bath home back on the market for just $100 more than he paid.

5 Centre Market Place, which sold at a $2 million loss for $9.7 million, according to the Observer.

Read the full story at Observer, by Morgan Halberg

George Soros’ Son Sells Nolita Townhouse,   With Rooftop Basketball Court,   at a Loss

The home was first redesigned by Robert  and Cortney Novogratz (Photo Douglas Elliman)

Soros's Nolita Basketball Dome Townhouse Sells For Half Its Initial Ask

Soros's Nolita Basketball Dome Townhouse Sells For Half Its Initial Ask

 

 

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