Austrian-Born Investor Downgrades to Bon Jovi's Penthouse

The Real Deal has learned that the buyer of Jon Bon Jovi's recently sold penthouse is Austrian-American businessman Gerhard Andlinger, which should be exciting news for the all the Gerhard Andlinger superfans out there. The apartment was last priced at $37.5 million—coincidentally, the exact same price that Andlinger sold his own Time Warner Center penthouse for in 2009 (after first listing it for $65 million). And while the Bon Jovi penthouse is enormous, at 7,400 square feet, it is actually smaller than the 8,300-square-foot Time Warner Center place. Not a huge downgrade, but he'll probably have to get rid of a couch or two on Craigslist, and that's always annoying.

· Austrian-born investment czar is buyer of Bon Jovi's $38M pad [TRD]
· Someone Finally Bought Jon Bon Jovi's Lavish Soho Penthouse [Curbed]