October 24, 2014
Leonard Stern, billionaire businessman and real estate developer and namesake of NYU's Stern School of Business, has sold his "ultimate Soho penthouse" for $14,650,000 according to city records released today. In April 2014, a year after Stern originally listed the apartment, New York Magazine released a video tour of the 4,315-square-foot, four-bedroom duplex, revealing everything from a zen solarium to a restaurant-caliber kitchen.
Stern bought the penthouse of 459 West Broadway in 2010 for $14,250,000, but the small profit likely won't affect him too much since his net worth is estimated at $3.8 billion.
Check out the billionaire digs and watch the video tour