Red Carpet Real Estate
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.
Lies and Rumors
The Qatari Prime Minister, despite being everyone’s favorite character in the drama of the New York’s luxury real estate market, is not the buyer of the $90 million penthouse at One57, according to Gary Barnett.
Mr. Barnett, the president of Extell Development, told The Wall Street Journal that the rumors, though rampant, were false.
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.
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.