Sections

April 4, 2017 / Brooklyn news / DUMBO / Brooklyn Is Awesome

Clock it to me! Dumbo’s infamous clock tower apartment sells for record $15 million

A clear triumph: The luxury three-story apartment inside the Dumbo clocktower sold for $15 million.
Brooklyn Paper
Share on TwitterTweet
Share on Facebook
Subscribe

Don’t miss our updates:

Clock it in!

A penthouse apartment in Dumbo made infamous when a certain Brookly Paper editor filmed a “real estate porn” there nearly seven years ago has finally been sold for a record price — but one that fell $10 million short of the original ask.

It will never be known if Gersh Kuntman’s viral video inside the three-story apartment atop 1 Main St. had anything to do with the amount of time it took to sell — or caused its price to drop from $25 million — but it didn’t stop a Columbian-born art galley owner form Manhattan to snatch it up for the most anyone has ever paid for a condo in the County of Kings — $15 million.

The massive 16th floor apartment, which features four working clocks on the windows and a glass elevator, originally hit the market in 2010, but was re-listed at $18 million in 2013 when a new realtor took it on.

The fancy digs had been in contract since June as the new owner worked with developer Two Trees to modify the apartment to his liking, according to a New York Times report.

But the story behind the video is just as interesting as the sale.

Kuntzman posted the video for a short time one day in 2010 before thinking better of it and removing it from The Brooklyn Paper’s website.

But he didn’t get it down before an enterprising young reporter from Gothamist with a nose for news — Ben Muessig — spotted it, grabbed a screen shot, and link to a YouTube version of the video, revealing it to the world.

The publicity landed Kuntzman in some hot water when management at The Paper — then owned by Rupert Murdoch’s News Corp. — took the editor to task for his decisions about the story — decisions Kuntzman later said he sorely regretted.

“The first mistake I made was putting it up,” he said recently. “The second was taking it down.”

Kuntzman left The Brooklyn Paper in 2012 and now works as a “columnist” for the Daily News — and is also co-host of the Brooklyn Paper Radio podcast, on which he will certainly talk about this story.

It is unclear what became of Ben Muessig.

The $15 million sale beats the record set by a condo inside Brooklyn Bridge Park’s Pierhouse development, which sold for $10.67 million earlier this month, according to the New York Post. That sale topped the $8.1 million paid for a condo at One John St., also in Dumbo.

Reach reporter Lauren Gill at lgill@cnglocal.com or by calling (718) 260–2511. Follow her on Twitter @laurenk_gill
Updated 10:17 pm, July 9, 2018
Today’s news:
Share on TwitterTweet
Share on Facebook
Subscribe

Don’t miss our updates:


Reasonable discourse

samir kabir from downtown says:
Maybe Kuntzman drank too many 40s. Why is he in so many BP articles? Makes me want to hurl. Even without the malt liquor.
April 5, 2017, 5:17 am

Comments closed.

First name
Last name
Your neighborhood
Email address
Daytime phone

Your letter must be signed and include all of the information requested above. (Only your name and neighborhood are published with the letter.) Letters should be as brief as possible; while they may discuss any topic of interest to our readers, priority will be given to letters that relate to stories covered by The Brooklyn Paper.

Letters will be edited at the sole discretion of the editor, may be published in whole or part in any media, and upon publication become the property of The Brooklyn Paper. The earlier in the week you send your letter, the better.

Keep it local!

Stay in touch with your community. Subscribe to our free newsletter: