Community Corner

Mystery Buyer For East Village Boys Club Revealed: Reports

A hedge fund manager has emerged as the likely buyer of the East Village Boys' Club, reports said.

The Boys' Club of New York at 287 E. 10th St. in the East Village near Tompkins Square Park.
The Boys' Club of New York at 287 E. 10th St. in the East Village near Tompkins Square Park. (Google Maps)

EAST VILLAGE, NY — The anonymous buyer behind scooping up the Boys' Club of New York's East Village building appears to be the wealthy hedge-fund manager Aaron Sosnick, according to reports.

The paper trail linking back to Sosnick comes after the news that the building at East 10th Street and Avenue A was sold for $32 million by a buyer who intends to preserve the facility for community use.

Public records show the sale was signed by Carey Thorpe, who is the spouse of the chief operating officer for Sosnick's A.R.T. Advisors, Crain's New York Business first reported.

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The realtor for the building's sale Paul Wolf denied to the New York Daily News that the buyer is Sosnick, who has been in a feud with developer of the long-empty old P.S. 64.

The plans to sell the Harriman Clubhouse announced last summer sparked protests from local politicians and residents last year.

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The organization instead plans to find a smaller permanent space in the East Village. Proceeds from the sale of the Harriman Clubhouse are expected to go towards the Boys' Club services in the Bronx and Brooklyn, the Boys' Club previously said.

A representative for the Boys' Club did not immediately respond to comment. A phone number listed for Sosnick was not answered.

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