A cryptocurrency company appears to be behind the Upper West Side’s most expensive townhouse sale. An entity tied to Brendan Blumer, CEO of the crypto company Block.one, which was behind a controversial $4 billion token issuance in 2017, paid $45 million for the Upper West Side megamansion at 48-50 West 69th Street, The Real Deal has learned. The LLC, MI 8787, was also behind a 2024 purchase of a $40 million waterfront spec mansion at 40 Palm Avenue in Miami Beach, which set a record for Palm Island. Property records show that a 2025 tax refund following a $45 million […]
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