Red Carpet Real Estate

The Sheik's next home? We'll know for sure when the moving trucks arrive.

Did the Qatari Prime Minister Buy Aby Rosen’s Townhouse?

Has the Prime Minister of Qatar finally found a home in Manhattan? The New York Post is reporting that after a seemingly endless search and several heartbreaking rejections Sheikh Hamad bin Jassim bin Jaber Al Thani has purchased Aby Rosen’s townhouse at 22 East 71st Street.

In some ways, it seems like a match made in heaven—the townhouse has been languishing on the market since 2008, when Mr. Rosen listed it for $75 million (the most expensive listing on the market back then, now it practically seems like a bargain)—and Mr. Hamad has been on a seemingly endless hunt for a Manhattan home. A sale would mean a happy ending for these two seekers. Read More

Stratospheric Sales

The Rebound.

Is the Qatari Prime Minister the Buyer of $90 M. Penthouse At One57?

You can’t always get what you want, but it seems that Qatari prime minister, Sheikh Hamad bin Jassim bin Jaber Al Thani finally got what he needed (and if anyone can be said to need a massive apartment, it’s a man with two wives and 15 children). After courting co-op board after co-op board, Mr. Hamad has finally found a home, according to the New York Post. And not just any home, but the $90 penthouse at One57, which is poised to set the record for most expensive condo ever sold. Read More

Rejections

Too much of a hassle?

What Was the Co-op Board Rejection of Huguette Clark Bid Really About?

Did the co-op board at 907 Fifth Avenue  really hate the idea of making a full-floor apartment out of Huguette Clark’s two 8th-floor residences? Or do they just hate children?

Following our report yesterday that Clark’s mega-apartment sale fell through, reportedly because the board didn’t like the bidder’s plans to combine the units, the New York Post IDs the reason as too many kids. That’s a new one. Read More