New-York May Set A New Real-Estate Price Record

New-York May Set A New Real-Estate Price Record

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The powerful prime minister of Qatar is ready to plunk down nearly US$ 100 million for the city's most expensive penthouse - an ultra-luxe, two-story pad atop the under-construction One57 condominium across the street from Carnegie Hall, The New-York Post reported. The stunning duplex penthouse, with total area 1 thousand square meters, features a "grand salon," a large mezzanine, four fireplaces, floor-to-ceiling windows, at least five bedrooms, and motorized window shades, placed in the 90-story One57 building.

Sheik Hamad bin Jassim bin Jaber al-Thani first eyed the spread after a Fifth Avenue board rejected his bid to spend US$ 31.5 million on two apartments owned by the late Huguette Clark, an eccentric American copper heiress and he decided to buy the One57 penthouse only after the Huguette Clark rejection.

Sheik Hamad also opened discussions with Extell Development about buying a cluster of four separate, full-floor condos in One57 building. According to publication, that would up the total purchase to a staggering US$ 250 million. He wants his relatives to live in these apartments. The sheik has two wives and 15 children and a huge entourage.

Previous price record belonged to an unknown buyer, who paid US$ 90 million in May for the penthouse in the same building, One57. Earlier the Russian billionaire Dmitry Rybolovlev bought an apartment in New York for US$ 88 million for his student daughter.