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Sergey Brin sells $79 mn NYC real estate firm's stake for 6 cents on dollar
short by Vaishnavi Mishra / on Friday, 3 July, 2026
Google co-founder Sergey Brin exited a real estate fund by selling his stake back to manager A&E Real Estate at six cents on the dollar. The fund owns 5,900 rent-stabilised apartments, and Brin's holding was valued at about $79 million. His exit came a month after Zohran Mamdani won mayor elections on a pledge to freeze rents for regulated units.
read more at Moneycontrol