21-05-2025
- Business
- Wall Street Journal
New York's Wealthiest All Want to Live Downtown Now
Nearly a decade ago, financier Harsh Padia and his wife, Purvi Padia, spent $29.1 million for an apartment in Manhattan's West Village, paying top dollar for a duplex at the 150 Charles Street condominium. In March of this year, they sold the unit for $60 million, more than twice what they paid and a record figure for downtown Manhattan.
The buyer's identity was telling: He works at Jane Street Capital, a quant trading firm that recently expanded its headquarters at nearby 250 Vesey Street in Battery Park City, according to people familiar with the deal.