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The Express Gazette
Monday, October 26, 2026

Rare Tribeca Compound Linked to Tech Moguls Sees Major Price Cut

A historic New York City property, once asking $30 million, is now on the market for $22 million, potentially creating a rare opportunity for buyers interested in adjacent properties.

US Politics • 2 hours ago
Rare Tribeca Compound Linked to Tech Moguls Sees Major Price Cut

A unique compound on a historically significant New York City street has returned to the market with a substantial price reduction. The property at 4 Staple Street, originally listed for $30 million in November 2025, is now seeking $22 million, marking an $8 million discount.

This residence is part of a notable Tribeca block known for its cast-iron skybridge, which connects the adjacent property at 9 Jay Street. This neighboring compound is associated with Away co-founder Jen Rubio and Slack co-founder Stewart Butterfield. While 9 Jay Street is not currently listed, recent reports of the couple's separation and the sale of their Aspen mansion have raised speculation that their Tribeca property could also become available.

Should both properties be on the market simultaneously, a buyer could have the rare opportunity to acquire a significant portion of one of Manhattan's most architecturally distinctive corners. For now, the focus remains on 4 Staple Street, which has been the long-term residence and creative hub for filmmaker Neil Burger and architect Diana Kellogg.

The couple purchased the townhouse in 2002 for $1.7 million and acquired an additional commercial space across the street in 2008 for approximately $840,000. They utilized the combined properties as both a home and workspaces. When first listed last year, Burger and Kellogg cited increased travel and time spent at their Rhode Island residence as reasons for selling.

The price was initially reduced by nearly 27% to $22 million in May. After a brief period off the market in August, it was relisted in September at the reduced price. Jeremy Stein, the broker handling the listing, noted a significant increase in interest following the price adjustment.

Stein explained that properties as unique as this compound have a less defined market value, making patience a key factor in their sale. The primary structure, a 38.5-foot-wide townhouse built in 1868, has been transformed by Kellogg, who worked to preserve its industrial character.

The interior features include high vaulted ceilings, exposed chestnut beams, large windows, and a wood-burning fireplace, evoking a classic Tribeca aesthetic. Barrel-vaulted brick ceilings and a rooftop terrace overlooking Staple Street are also part of the residence. Kellogg integrated salvaged industrial elements, creating a blend of historical character and modern design.

The compound also encompasses a commercial space in the basement of 67 Hudson Street, accessed from Jay Street, which has served as Kellogg's architectural studio. This space offers potential for various uses, subject to approvals, including a private office, recording studio, gallery, or gym.

A notable amenity is the private, gated parking for multiple vehicles, a rare feature in downtown Manhattan. According to the listing, there may also be development rights for up to three additional stories above the existing townhouse, pending zoning review and city approvals.


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