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Mugrabi’s Art-Linked Real Estate Play | Real Estate News
Alberto Mugrabi just dropped $8.6 million on a fourth luxury condo unit at 36 Bleecker Street in Noho — part of The Schumacher, a converted printing factory turned high-end residence. With all his purchases handled through developer Aby Rosen as trustee, Mugrabi’s growing collection of “maisonette” units now includes a massive triplex he created by combining two earlier buys — and even secured exclusive rights to display his art in the building’s courtyard. He’s also consolidated holdings into a family trust that recently took out a $16.5 million mortgage, signaling a strategic play to build…
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