Hedge Fund Titan Drops $20M on Lincoln Square Condo in Record-Breaking Sale at 200 Amsterdam
A hedge fund executive makes the top residential sale in NYC with a $19.6 million purchase at 200 Amsterdam Avenue.
It's no secret that New York City's real estate market is dominated by the wealthy and powerful, with multi-million dollar deals being made on a daily basis. But even by NYC standards, the sale of a $20 million condo in Lincoln Square stands out.
Robert Lourie, an executive at the hedge fund Renaissance Technologies, made waves in the industry with his recent purchase at 200 Amsterdam Avenue. The four-bedroom residence, spanning 4,700 square feet, sold for a whopping $19.6 million, making it the top residential sale in the city at the time of the transaction.
The unit was listed by Serhant's Peter Zaitzeff and Jamie Hannon and had been on and off the market for quite some time. Despite its high price tag, the condo still managed to attract a buyer, showcasing the insatiable demand for luxury living in NYC.
While some may question the ethics of a hedge fund executive making such a lavish purchase during a time of economic uncertainty, others see it as just another day in the life of New York City's real estate market.
Originally reported by The Real Deal.
https://therealdeal.com/new-york/2025/09/26/new-york-top-real-estate-deals-thursday-sept-25-2025/