Rose Associates heiress sells Tribeca condo for $ 10 million


Isabelle Rose, 90 Franklin Street and Scott Yedid (Getty, Compass, Cerberus)

Isabelle Rose, 90 Franklin Street and Scott Yedid (Getty, Compass, Cerberus)

Rose Associates, heiress to the estate’s estate, has made a deal of her own, selling her Tribeca condo for eight figures. troubled mortgage trader

Isabelle Rose offloaded the $ 10 million Franklin Street division to Scott Yedid of Cerberus Capital, six years after the original purchase. put on the market for $ 14 million.

Rose said earlier The real deal that she purchased the property for $ 2 million in 2000.

Rose is an actress, singer and entertainer who bought the house before Tribeca became one of the city’s hottest spots.

“I could see the future,” Rose said during a 2015 listing. “I understood that it would become a hot spot very quickly. So it seemed like a smart business decision. “

However, her clairvoyance may have disappeared after the acquisition, as she was unable to sell the apartment before the Manhattan luxury condominium market began a four-year slump in 2017.

BUT listing for an apartment describes it as five bedrooms and four and a half bathrooms. The apartments are 5,027 square feet. Offers views of the New York City skyline, including Empire State Building

The apartment has high beamed ceilings, mahogany floors and a private lift. The kitchen is equipped with a Wolf six-burner stovetop, convection oven, a Sub-Zero fridge called the “giant” refrigerator, built-in coffee maker and wine storage.

The master suite has an en suite bathroom with a deep soaking tub. There is also a relaxation room and a laundry room. In addition, the house is connected to the Savant Smart Home system.

The condominium is housed in a luxurious 1915 building with a 24-hour concierge, porter, supermarket, fitness center and a newly refurbished rooftop terrace.

Rose belongs to the third generation of the Rose family in real estate. Rose Associates was founded in the 1920s and has since grown to be one of the most successful real estate firms in the state, managing more than 18,000 units.

Yedid, 38 years old, senior managing director at Cerberus Capital, where he has been working since 2008. He is the Chief Executive Officer of the US Residential Investment Portfolio in Whole Loans and Securities.

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