The Real Estate

PLAZA WATCH! Kuwaiti Investor Buys for $3.5 M.

PLAZA WATCH! Kuwaiti Investor Buys for $3.5 M.

Another flashy ex-pat has chosen the Plaza as his New York base. Kuwaiti investor Abdul Wahab al-Nakib bought a $3.5 million condo at the Plaza, city records show. Mr. al-Nakib is the chairman and managing director of Al Deera holdings, an investment firm listed on the Kuwaiti stock exchange. Al Deera's holdings include private and public companies in the Gulf, and it has a stake in real estate companies in the booming Emirate of Dubai.

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hugomania (not verified) says:

Hey, Mr. al-Nakib, could you bring us some of that Kuwaiti oil when you move in?

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