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Billionaire Pays $150 Mil For Manhattan "Triplex" Apartment

New York Post   |  Braden Keil   |   November 8, 2007 09:42 AM

Read More: Leonard Blavatnik, Real Estate, The Mark, Upper East Side Condos, Breaking Business News
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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.

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- LastDaysCafe I'm a Fan of LastDaysCafe permalink

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!

    Favorite    Flag as abusive Posted 09:37 PM on 11/09/2007
- loki I'm a Fan of loki permalink
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But thats only $2.50 in Euros, whats the big deal.

    Favorite    Flag as abusive Posted 07:53 PM on 11/09/2007
- LenP I'm a Fan of LenP permalink

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.

    Favorite    Flag as abusive Posted 03:58 PM on 11/08/2007
- ljsfolly I'm a Fan of ljsfolly permalink

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.

    Favorite    Flag as abusive Posted 12:25 PM on 11/08/2007
- JSquercia I'm a Fan of JSquercia permalink

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

    Favorite    Flag as abusive Posted 12:18 PM on 11/08/2007
- martinchill I'm a Fan of martinchill permalink
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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?

    Favorite    Flag as abusive Posted 11:52 AM on 11/08/2007
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