Troubled condo 22 Bond St. has found its first buyer.
Jamie Reuben, the son of billionaire property investor David Reuben, paid around $7.8 million for a home there that first went on the market in 2017 for $10.42 million. The three-bedroom pad runs 2,939 square feet and has a balcony, according to the listing. Features include northern and southern exposures, a kitchen with a marble island and floor-to-ceiling windows.
The younger Reuben, a financier, is an investor in Robin Birley’s 5 Hertford Street, a private London club that operates basement venue Loulou’s, which is a go-to spot for royals, heads of state and celebs including George Clooney, Mick Jagger and Kate Moss.
Sales at the long-delayed six-unit condo launched in 2017 after the developers, Louis Greco’s Second Development Services and Richport Group, had to abandon plans for a boutique hotel they had already started construction.
The developers bought the lot in Noho for $8.5 million in 2007.
Construction was originally slated for completion in 2015, but fell behind schedule. As the real estate market cooled, the developers restructured their $45.5 million construction loan by bringing in Josh Zegen’s Madison Realty Capital in 2017.
Other units in the building, which are not publicly listed for sale right now, include a nearly 4,000-square-foot penthouse with three bedrooms that asked $14.78 million.
Ravi Kantha and Matthew Lesser of Leslie J. Garfield had the listing for Reuben’s unit.