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Broadway producers list UES manse for $44M

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Broadway producers list UES manse for $44M
11 East 82nd Street last sold for $24.5M in 2009
New York /

UPDATED, Nov. 16, 6:20 p.m.: Broadway producers Janet and Howard Kagan have listed their Upper East Side townhouse for $44 million.
Built in 1895, the 25-foot mansion at 11 East 82nd Street spans 12,729 square feet and is asking $3,456 per foot.
11 East 82nd Street
The Kagans, who head Maxolev Productions, produced Tuck Everlasting and Pippin, which won a Tony Award in 2013. They bought the house for $24.5 million in 2009 from investor Keith Gollust. The couple also owned a penthouse at 975 Park Avenue, which they sold for $20.3 million in 2014.
Years before the Kagans bought 11 East 82nd, a company affiliated with financier Ron Perelman paid $10 million for the property. Two years later, the entity sold it to entertainment executive Scott Sassa for $8.9 million. Sassa then sold the mansion Gollust, who is chairman of Synta Pharmaceuticals, though it s unclear how much he paid.
11 East 82nd Street
The limestone-and-brick house, located just off Fifth Avenue, was recently renovated and features a wine cellar and gym. It also has five working fireplaces and outdoor terraces. The Corcoran Group s Elizabeth Sahlman has the listing.
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Manhattan’s “super prime” luxury condo developments, ranked

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Manhattan s super prime luxury condo developments, ranked
Knight Frank report identified those with the highest average price-per-foot
New York /
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Housing investment startup EasyKnock raises $3.5M in seed funding

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Housing investment startup EasyKnock raises $3.5M in seed funding
Montage Ventures, Crestar Partners and Blumberg Capital invested
New York /
EasyKnock CEO Jarred Kessler (Credit: iStock)
Housing investment startup EasyKnock raised $3.5 million in venture capital, the company announced Wednesday. Montage Ventures, Crestar Partners and Blumberg Capital participated in the Seed round.
The Manhattan-based company, founded in 2016 by Jarred Kessler and Benjamin Black, buys homes and allows the sellers to remain as renters for a fixed lease term.  At the end of the term, the renter can either buy back the home for a previously agreed price or move out.
EasyKnock claims it can close on home purchases within 30 days with the help of credit lines and markets itself as an alternative to reverse mortgages for homeowners who want to turn their properties into cash without actually moving out. “There is an explosion in single family rentals in the United States and a huge hole for homeowners unable to release equity out of their home,” said the company’s CEO Jarred Kessler.
Last year EasyKnock raised $1.2 million in an earlier Seed funding round. The company initially launched in New York, Florida, Georgia, Texas and California and has since expanded to Tennessee and South Carolina, Kessler said. The company currently has 16 employees.
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