Republic of Senegal pays $24.6M to Pride Builders for condo units in Grand Central

The Republic of Senegal paid Adam Gordon’s Pride Builders $24.6 million in two transactions for two condominium units at the residential building 235 East 44th Street, also known as 227 East 44th Street in Grand Central.

Gordon, of Pride Builders, developed the 70,169-square foot, 67-unit building in Grand Central. Gordon and project partner Isaac Yeffet bought the land from the government of Senegal for $25 million in December 2013. Building plans were originally filed in 2011. The building was given its initial TCO in April 2016.
The building was converted into a condominium with three units in 2017. Senegal bought two of the units in these transactions and one unit with 62 residential apartments remains unsold.

In the first transaction, the Republic of Senegal paid Adam Gordon’s 44 Development LLC $13 million for the commercial condo unit.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

In the second transaction, the Republic of Senegal through the entity Republic Of Senegal paid Adam Gordon’s 44 Development LLC $11.6 million for a condo that itself has five residential apartments.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

Correction: An earlier version of this article incorrectly confused this Adam Gordon of Pride Builders with Adam I. Gordon, who is the president of an unrelated New York City real estate business, Wildflower, Ltd.