Fred Wilson

Last April, Fred Wilson, probably the best-known tech venture capitalist in New York City (his firm invests in beautiful new-wave Web sites like Tumblr and Twitter), and his wife, Joanne, sold a double-wide West 10th Street townhouse for $33,148,800, the biggest single residential deal ever in downtown.

To replace it, they’re building a Hudson River wonderland.

But when they spent $16 million on the massive site at 397 West 12th Street last April, partnering with the architect and developer Cary Tamarkin, Mr. Tamarkin had already been working on it for years: After he agreed to buy the property and another seven blocks up, the seller tried to make a separate deal with someone else for more money.  read more »

The glory days of Manhattan's stratospheric real estate market continue: the 55-foot-wide townhouse at 11 West 10th Street, which The Observer reported on when it went to contract in November, has sold.

The blogging venture capitalist Fred Wilson owns the 15,000-square-foot townhouse, which he listed in July with Debbie Korb at Sotheby's International Realty. The asking price was $37.5 million. If it closed near there, this 1847 mansion would be the most expensive single-family residence downtown.

Well, it has closed--and it is indeed a record setter.