Billionaire Pays $150 Mil For Manhattan "Triplex" Apartment

A billionaire buyer has signed a letter of intent to pay $150 million for a massive triplex apartment at the Upper East Side condo tower The Mark, sources close to the deal told The Post.

The prospective purchaser, sources say, is real-estate magnate Leonard Blavatnik, who is worth $7.2 billion, according to Forbes magazine.

The price would be twice as large as the previous record listing in New York City, and nearly $50 million more than last year's sale of the De Menil estate in East Hampton, believed to be the priciest residential transaction in the country.

Read entire story here.

Comments

[LastDaysCafe]

Considering that this triplex's actual cost to build (labor and materials) was less than a million bucks this billionaire was paying the extra $149 Mil just for the elite Manhattan location!
Hope he gets his money and ego's worth out of this $150 million dollar status symbol!

[loki]

But thats only $2.50 in Euros, whats the big deal.

[LenP]

Don't just write the same thing over and over.

Comment on the story, you tool.

Who gives a rats a$$ about what some billionaire bought? If I cared about that kind of thing I'd be watching re-runs of LifeStyles with Robbin Leach.

[ljsfolly]

Must be nice to have a few extra million to put on a place most of us will see only in magazines and there is a lot of places I would better spend those bucks.

[JSquercia]

What mortgage Crisis ??? Who cares about the Sub Prime Market certainly NOT Manhattan realtors

[martinchill]

WHO WROTE THE PATRIOT ACT?

WHO WROTE THE PATRIOT ACT?

WHO WROTE THE PATRIOT ACT?

WHO WROTE THE PATRIOT ACT?

WHO WROTE THE PATRIOT ACT?