No more sophisticated a locating device than city records tells us that Foursquare founder Naveen Selvadurai can be found–where else?–in Soho.
The young millionaire favors the East Village, where both the Foursquare offices and his old apartment are located, but really, who can resist the magnetic pull of Silicon Alley’s favorite cast-iron hood? The airy loft at 428 Broome Street boasts 1,200 square feet, but only a single bedroom. With its 13-foot ceilings and exposed brick, the apartment was fodder for some New York Times house porn when it was last on the market for $1.3 million in 2006.
This time around it was listed by Corcoran’s Dorothy Zeidman for $1.425 million, and sold for exactly that. Of course, Mr. Selvadurai’s can well afford it, given that Foursquare is now valued at $80 million.
The seller is John Wotowicz, who bought the place with his wife at the time, Virginia Lebermann, in 2008. Ms. Zeidman declined to comment.