Home / Arts and Entertainment / Gyllenhaal Sells Tribeca Pad Amid Legal Firestorm
Gyllenhaal Sells Tribeca Pad Amid Legal Firestorm
28 Oct
Summary
- Jake Gyllenhaal sold his Manhattan apartment for $14 million.
- The sale yielded a profit of over $5 million from a 2017 purchase.
- The building faces a $376 million lawsuit from its condo board.
Jake Gyllenhaal has successfully sold his luxurious Manhattan apartment at 443 Greenwich Street for $14 million. The Oscar-nominated actor purchased the residence eight years ago in 2017 for approximately $8.63 million. This recent sale represents a significant gain of over $5 million before expenses.
The 2,868-square-foot, three-bedroom apartment is located in a building renowned for its blend of industrial history and modern amenities. Originally a bookbinding factory, the 1882 structure was converted into a 53-unit luxury condominium building.
This high-profile building has attracted numerous celebrities seeking privacy, including Jennifer Lawrence and Harry Styles. Its design incorporates original industrial elements like exposed beams and mahogany windows, alongside contemporary finishes and extensive resident amenities such as private elevators and a rooftop terrace.
Gyllenhaal's profitable transaction coincides with a major legal battle. In 2021, the building's condo board initiated a $376 million lawsuit against the developer and architecture firm. Allegations include breach of contract and construction defects, with ongoing litigation over issues like leaks and improper installations.
