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Biotech Firm Founder Buys Most of Tribeca Building for $32M

Summary by Commercial Observer
George Yancopoulos, co-founder of biotech company Regeneron, has purchased almost all of the condominium units in a mixed-use Tribeca building, according to city records made public this week. Yancopoulos, through the entity GLT Hudson Holdings, paid $32.2 million for five commercial units and one residential unit at 50 Hudson Street. The six units were purchased from Eric Schlagman, who used the entity 50 Hudson, records show. Schlagman himself…
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Commercial Observer broke the news in on Friday, April 25, 2025.
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