15 CPW Bids Farewell to Dr. Jay

Laura Kusisto — Tue, 14 Sep 2010 16:59:07 -0400

Hip-hop clothing mogul Joseph Betesh has sold his home at 15 Central Park West for $11.39 million, city records show. Mr. Betesh, who's grown Dr. Jay clothing into an urban clothing phenomenon, bought the 28th-floor condo in 2008 for $5.6 million.

The purchase took Mr. Betesh far from his roots in the South Bronx to the spectacularly luxurious building on the park. Past and present tenants include Daniel Loeb, Sting, Madonna and Lloyd Blankfein.

The buyer is socialite and philanthropist Gina Lin Chu.

lkusisto@observer.com

15CPW Alert! Hip Hop Clothing Mogul Moves In

Lysandra Ohrstrom — Tue, 29 Apr 2008 15:46:52 -0400

When Joseph Betesh opened an Army-Navy store in the South Bronx in 1975 he probably never imagined he would become a full-fledged hip-hop clothing mogul with 19 branches of his Dr. Jay's store spread across the five boroughs. Now the Sephardic Jewish retailer who made a fortune selling "urban apparel" to 18- to 30- year-olds is moving about as far away from his retail roots as possible.

Mr. Betesh has paid $5.6 million for a 28th-floor condo at 15 Central Park West, city records show. He probably won't run into to too many people wearing his clothing at the building, but you never know since Dr. Jay's opened a midtown branch in 1997.

Observer » Joseph Betesh

15 CPW Bids Farewell to Dr. Jay

15CPW Alert! Hip Hop Clothing Mogul Moves In