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Fashion Nova’s Founder Paid $31 Million for the Last Penthouse at 111 Murray. The Plan Price Was $50 Million.

Fashion Nova founder Richard Saghian buys the last sponsor penthouse at 111 Murray for $31 million, below its offering-plan price and most recent asking price.

Fashion Nova’s Founder Paid $31 Million for the Last Penthouse at 111 Murray. The Plan Price Was $50 Million.

Photo: Andy / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. The last sponsor unit at 111 Murray Street finally found its buyer, at a price nobody planned on. Fashion Nova founder Richard Saghian paid $31 million for the penthouse in Tribeca, according to The Real Deal, which cited The Wall Street Journal’s report naming him as the buyer. It is his first New York City purchase, The Real Deal reported. The deal closes out…

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