A Sultan and a Tech Millionaire Buy (Very) Big Apartments
The best place to come from, if you want a fair crack at buying really immense Manhattan condos, is either the United Arab Emirates or the Internet.
City records filed this week show that Sultan Ahmed Al-Qassimi, who apparently belongs to the ruling family of Sharjah--Dubai's neighboring emirate--spent $4.95 million late last month on a low-floor apartment at the Robert A.M. Stern-designed Fifteen Central Park West. (Tune into this week's Manhattan Transfers column to read about a haute broker who bought a place one flight up.)
But across the park, that was overshadowed by a mystery buyer named CPW EXODUS REALTY, LLC, whose October deed for a $16.6 million apartment purchase was filed in city records four minutes later than Mr. Al-Qassimi's.
That corporation bought a 13-room duplex penthouse at 279 Central Park West from LendingTree guru John Lebda. Mr. Lebda evidently knows his real estate: City records show he paid just $10.9 million last May for the penthouse, which means he made a gorgeous profit.
He took out a $7.63 million mortgage for his old duplex, perhaps through his Web site, but reportedly paid cash for his new place. That mortgage market is really slumping.
- More:
- Real Estate |
- Central Park |
- Fifteen Central Park West |
- Housing market |
- Robert A.M. Stern |
- The Real Estate



Our New Lieutenant Governor, Our Old Senate
Jay-Z Close to Book Deal With Spiegel & Grau
Wells Tower Leaves ICM For Andrew Wylie
It's Miller Time! The Affable King of Comps Aims at Rentals
Anything Goes at Shakespeare in the Park!
C'mon, Get App-y: For Some iPhone Users, Profusion of Programs Is Just ... Irritating
Funny People, Lame Marketing
Desperate Restaurants? Semi-Annual "Week" Will Probably Ooze, Like a Molten Chocolate Cake, Past Labor Day
Uiklyolip
buy propecia - propecia order zithromax - zithromax order xenical - xenical order levitra - levitra buy ultram - ultram fioricet online - fioricet order valium - valium order acomplia - acomplia order prozac - prozac buy ativan online - ativan
Gerilo lfruticulo
order lexapro - lexapro order cipro - cipro celebrex - celebrex buy nexium - nexium buy butalbital online - butalbital order doxycycline - doxycycline order codeine - codeine buy valtrex online - valtrex zoloft online - zoloft clomid online - clomid