Securities exec spends $1.125M in The Strand

Medium 9e01db1b9571a07e1fb361526b32bf30 Ottho Heldring and Gretchen Heldring bought condo Unit #3A at 500 W. 43rd St. in Clinton from Andrew T. Hecht and Mindi Hecht for $1.125 million on Oct. 1.

Mr. Heldring has been a director at Lek Securities Corp., a financial services company in New York.

Prior to working with Lek Securities, he served as senior director at American Express. He also served as vice president at Chase Manhattan Bank. He attended Columbia University.

There are 311 units in the 41-story building at 500 W. 43rd St., which is also known as The Strand. It was built in 1988.

According to, there have been 162 condo sales in Clinton/Hell's Kitchen during the past 12 months, with a median sales price of $862,500.

Address: 500 West 43rd Street, Unit: 3a
Buyer(s): Heldring, Ottho, Heldring and Gretchen
Seller(s): Hecht, Andrew T, Hecht and Mindi
Sale date: Oct. 1, 2009