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VC investor shells out for $35M penthouse at 152 Elizabeth

Matt Cohler is a partner at Benchmark Capital and a backer of Facebook

Matt Cohler and the penthouse at 152 Elizabeth Street in Nolita

Silicon Valley bigwig Matt Cohler is the buyer of a $35 million penthouse at 152 Elizabeth Street in Nolita — the boutique condominium designed by Pritzker Prize winner Tadao Ando.

The duplex — which was asking $35 million — went into contract in November without ever hitting the market, the Wall Street Journal reported. Cohler, a partner at Benchmark Capital and an early investor in Facebook, sold a penthouse at 10 Bond Street for $13.75 million in 2016.

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The penthouse at 152 Elizabeth has 5,603 square feet and four bedrooms. It features floor-to-ceiling windows, oak flooring and a glass-and-steel staircase.

The seven-unit development is the first New York City project for Ando. Prices for the full-floor units started at $15 million. Compass’ Leonard Steinberg, Debra LaChance and Denise LaChance have been marketing the building for developer Sumaida + Khurana. Nest Seekers International’s Ryan Serhant and Cameron Culver represented Cohler. [WSJ] E.B. Solomont

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