Netflix’s Selling the City’s fifth episode delved into the tense world of luxury real estate in New York City, with a penthouse at the Olympia Dumbo in Brooklyn costing nearly $20 million. Eleonora Srugo, a top agent at Douglas Elliman, guided her team through navigating a significant deal with unexpected consequences.

A Deal on the Brink

In the episode, Eleonora disclosed that a significant, well-known buyer had signed a contract to buy the penthouse but then reconsidered.

“When a building like this isn’t complete yet, buyers often need to wait for a certain percentage of other units to sell before closing,” Eleonora explained. “That waiting period allowed the buyers to walk away.”

Speculation was fueled by Eleonora’s comments, even though she did not name the buyer. A team member, Abigail Godfrey expressed her candid thoughts, “We all know. It’s public record. Everybody knows who it is. I don’t know why we are all talking in code.”

The team was urged to use the situation to their advantage, taking advantage of the buyer’s presence in the market.

The Buyer: Michael B. Jordan

Sources have pinpointed the high-profile purchaser as actor Michael B. Jordan is known for his iconic roles in Creed, Black Panther, and Fruitvale Station. According to reports, Jordan has agreed to buy a $17.5 million penthouse at the Olympia Dumbo, a luxury tower that is popular with celebrities and creatives. According to whispers in the real estate world, the deal may not close.

A Star-Studded Address

The Olympia will have an impressive roster of residents if Jordan finalizes the purchase. Ben Simmons owns a $12 million unit, while Kristen Anderson-Lopez and Robert Lopez, who created Frozen, live in a $11.34 million unit.

Jordan finds the 33rd-floor penthouse appealing due to its 4,266 square feet of interior space, a 500-square-foot private terrace, and stunning views of both the Brooklyn Bridge and Manhattan skyline. The Olympia is a luxurious home with 13-foot ceilings, a spa-inspired master bathroom, and a gym with a juice bar.

Brooklyn Roots and Future Moves

Jordan’s commitment to Brooklyn goes beyond the realm of real estate. Recently, he acquired the Brooklyn Aces, a Major League Pickleball team, with rapper Drake. The Olympia’s tennis facilities are designed to fit Jordan’s active lifestyle, even though it doesn’t have a pickleball court.

Despite the buzz, real estate insiders are curious about Jordan’s hesitant to close the deal. Fans and viewers are uncertain if the actor will stick to his plans or search for another luxurious Brooklyn address.

High-Stakes Real Estate Drama

As Selling the City continues to captivate viewers, Michael B. Jordan’s penthouse saga represents all that is glamorous, dramatic, and unpredictable about New York’s luxury real estate market. The actor’s presence in the story highlights the intersection of celebrity culture and high-end property, regardless of whether they proceed with the deal.