Advisory firm director buys in Battery Park City

Jennifer R. Povlitz and Robert J. Povlitz sold a three-bedroom, three-bath condo at 10 W. St. in Battery Park City to Elaine and Charles Bernard Engelstein on July 22.

Prudential Relocation Inc. facilitated the sale. Unit #30A is in The Residences at The Ritz-Carlton, a condominium high-rise near First Place.

Ms. Povlitz is the managing director of the wealth advisory group of Presidio Financial Partners, a company that provides financial advisory services to entrepreneurs, their families, their companies.

Prior to joining Presidio Financial Partners, she was the eastern managing director of the private banking and investment group of Merrill Lynch & Co. She earned her bachelor's in business from the University of Illinois.

There are 114 units in the 38-story building at 25 Central Park W., which is also known as The Residences at The Ritz-Carlton. It was constructed in 1903.

Condo sales in Battery Park City/Lower Manhattan did not change in 2007. The median sales price, however, jumped from $650,000 to $985,000 last year.

Address: 10 West Street, Unit: 30a
Buyer(s): Prudential Relocation and Inc
Seller(s): Povlitz, Robert J, Povlitz and Jennifer R
Sale date: Jul. 22, 2008