One of the city’s most vocal small-property owners, who recently warned the pandemic could lead to a “catastrophic loss” for independent landlords, has parted ways with the West Village rental building that’s been in his family for nearly 100 years.
Jimmy Silber last week sold the 138-unit building at 1 Christopher Street that his family has owned since the early 1930s for $95 million, brokers on the trade told The Real Deal. The buyer is a high-net worth family office out of Europe named Carmine Limited, which owns a handful of small rental buildings in the city.
Joe Koicim of Marcus & Millichap