Ex-governor Eliot Spitzer is selling a big portfolio of Midtown East apartments that could command $145 million.
Spitzer is unloading 144 rental units at the Corinthian at 330 East 38th Street, Crain’s reported. At 57 stories and 863 units, the full-block building was developed by Spitzer’s father Bernard in the late 1980s.
Massey Knakal’s Robert Knakal is marketing the apartments. “The market for any type of property today, but especially residential assets, is spectacular,” Knakal told Crain’s. “It’s a great time to take advantage of it.”
A buyer could continue to rent out the market-rate apartments or combine contiguous units into larger residences for higher prices. Roughly a quarter of the 144 homes require renovation.
The facade consists of columns banded with brick and glass and a drive-through plaza. Amenities include a 24-hour doorman and concierge, private health club and spa with 50-foot enclosed pool, outdoor jogging track, children’s playroom, party room and garage parking available.