Tuesday, December 20, 2011
Billionaire's daughter buys NYC pad for record sum- MSN Money
http://money.msn.com/investing/latest.aspx?post=e2cb44e4-526a-4e2d-829a-c1fcc3674bdd
The selling broker would not allow Forbes to reprint images of the apartment, but readers can view a photo and floor plan here.
Billionaire's daughter buys NYC pad for record sum
The 22-year-old college student pays the asking price of $88 million. That works out to more than $13,000 per square foot.
By MSN Money staff on Tue, Dec 20, 2011 10:51 AM
Former Citigroup (C +4.90%) chairman Sandy Weill listed his 6,744-square-foot apartment at 15 Central Park West for an astonishing $88 million in November, promising to donate the proceeds of the sale to charity.
Now comes news that Ekaterina Rybolovleva, the 22-year-old daughter of the Russian billionaire Dmitriy Rybolovlev, is buying the condominium. Rybolovleva is studying at an undisclosed U.S. university and plans to stay in the apartment when visiting New York. According to a source familiar with the sale, she paid the full asking price of $88 million, setting a record for highest individual transaction in New York City history.
Here is the official statement from her representatives:
A company associated with Ekaterina Rybolovleva, daughter of a well-known businessman Dmitriy Rybolovlev, has signed a contract to purchase an apartment at 15 Central Park West, New York. The apartment is a condominium currently owned by the Sanford Weill Family. Ms. Rybolovleva is currently studying at a US university. She plans to stay in the apartment when visiting New York. Ms. Rybolovleva was born in Russia, is a resident of Monaco and has resided in Monaco and Switzerland for the past 15 years."
The apartment, in one of the toniest postwar buildings in Manhattan, has 10 rooms, including 4 bedrooms, a wraparound terrace of more than 2,000 sq. feet, 4 bedrooms and 2 wood-burning fireplaces.
"This sale is an outlier. It works out to be about $13,000 per square foot, the highest on record, for anything, that has ever occurred," says Jonathan Miller, the chief executive of real-estate appraiser Miller Samuel. "What is ironic is that when Sandy Weill bought it for less than half this amount, he paid the highest price per square foot to date in that building, around, $6,400 per sq. foot. He is again setting a record."
The previous New York City record had been set back before the market crash when investor Christopher Flowers paid $53 million for a townhouse at 4 East 75th Street. He resold the property on Aug. 15 for just over $36 million.
There were two other very notable sales in the city this year, according to Miller. The Russian composer Igor Krutoy paid a record $48 million for a condo at the Plaza in March, and a townhouse at 16 East 69th Street sold for $48 million in July.
Rybolovleva is the second daughter of a billionaire to make huge real-estate news this year. Back in July, heiress Petra Ecclestone, the daughter of UK Formula One billionaire Bernie Ecclestone, apparently paid $85 million for Spelling Manor, the 56,500-square-foot mansion that was previously owned by Candy Spelling, the widow of the famed TV producer Aaron Spelling, whose works include "Beverly Hills 90210," "Charlie's Angels," and "Dynasty."
Rybolovleva's father sold the majority of his stake in Uralkali, the fertilizer business that made him rich, for $6.5 billion in 2010. He is already known in U.S. real-estate circles for his May 2008 purchase of Donald Trump's Palm Beach mansion, Maison de L'Amitie. He paid $95 million in cash for that residence, $25 million less than what Trump had originally asked. It was apparently the largest single residence price concession of all time. He may not own that house much longer, though. His wife, Elena, who filed for divorce in Pam Beach court in 2009, is seeking transfer of ownership of the former Trump mansion. He spends much of his time at his home in Monaco and is likely to buy the struggling French football club AS Monaco.
Friday, December 16, 2011
Preview this weekend's open houses! Prudential California Realty
GREG BENDER | Realtor ®
DRE License # 01725209
CEL: 323.868.6040 | OFC: 323.671.1280 | PROFILE: www.GregBenderLA.com
|
If your property is currently listed with a real estate broker, please disregard this offer, it is not our intention to solicit offerings of other real estate brokers. We cooperate with them fully.
Thursday, December 15, 2011
Market Update with David M. Cabot, President & CEO and Mark D. Johnson, Vice President of Marketing
|
Wednesday, December 7, 2011
Agoura Hills Animal Shelter Lost & Found
| ||||||||||||||||||||||||||||
Saturday, December 19, 2009
PRIME SILVER LAKE
GREG BENDER UPDATES PRIMESILVERLAKE.COM AND TODAYSOPENHOUSES.COM SEVERAL TIMES PER WEEK.
TODAYS OPEN HOUSES
GREG BENDER UPDATES TODAYSOPENHOUSES.COM AND PRIMESILVERLAKE.COM SEVERAL TIMES PER WEEK.
GREG BENDER; SILVER LAKE, CA
http://www.google.com/profiles/GregBenderLA
Greg Bender LA Realtor, born in Pasadena,CA, raised in the San Fernando Valley with weekends spent in Malibu and Palm Springs.
Greg currently spends his days focused on his clients needs. Being of support, marketing and selling homes in the Moreno Highlands district of Silver Lake, Prime Silver Lake as Greg calls it. The other main focus Greg has is working with first time buyers. First time buyers don't always know of "pocket areas" but Greg finds great homes in ares for them, that they can afford and might not have ever thought about for themselves.
Graduating high school in the West Valley, living in Woodland Hills, CA. He then went on to become a Beverly Hills hair stylist working with celebrities and people in the entertainment industry. Greg also spent 10 years flying around the country giving make overs, passionately supporting individuals to be and look their best.
Coming from a family of real estate he decided to follow in the family path, it was a natural move. The intimacy and trust created with his hair clients, proved to be valuable. The high standards and integrity, "the no matter what" part of Greg crossed over and continues to shine through.
The first year out Greg was Rookie of the year for the Los Feliz branch of Prudential California Realty. The second year he was given the Leading Edge Society award, which represents the top 7% of sales nation wide within Prudential California Realty.
Most recently was appointed to be one of the few board member of "The Charitable Foundation | Agent Outreach Community Of Prudential California Realty".
Greg Bender is continually working and creating new ideas to market homes for sellers and assist buyers in finding the home of their dreams.
The Greg Bender LA Realtor team is growing, he has created a full time partnership and is always teaming up with other Realtors to provide the best possible service to all clients.
Please check out Greg Bender's websites for yourself...
* www.PrimeSilverLake.com
* www.LAHomesByPrice.com
* www.TodaysOpenHouses.com
* www.GregBenderLA.com
Greg Bender has been a resident of Silver Lake, CA for 8 years and is specialist for the Moreno Highlands district which Greg calls Prime Silver Lake. He provides service to clients from Santa Monica / Malibu through the West Valley into Altadena and Pasadena. From the north end of the San Fernando Valley to as far south as Long Beach and Palm Springs for fun day trips of home hunting!
Where I grew up
San Fernando Valley, Malibu, Palm Springs, West Hollywood & Hollywood Hills.
Places I've lived
Pasadena, Sherman Oaks, Studio City, Woodland Hills, Toluca Lake, Malibu, West Hollywood,North Hollywood, Los Angeles, Hollywood Hills, Palm Springs, San Francisco, Santa Fe NM
Other names
Greg Bender LA Realtor
Greg Bender LA Realtor, born in Pasadena,CA, raised in the San Fernando Valley with weekends spent in Malibu and Palm Springs.
Greg currently spends his days focused on his clients needs. Being of support, marketing and selling homes in the Moreno Highlands district of Silver Lake, Prime Silver Lake as Greg calls it. The other main focus Greg has is working with first time buyers. First time buyers don't always know of "pocket areas" but Greg finds great homes in ares for them, that they can afford and might not have ever thought about for themselves.
Graduating high school in the West Valley, living in Woodland Hills, CA. He then went on to become a Beverly Hills hair stylist working with celebrities and people in the entertainment industry. Greg also spent 10 years flying around the country giving make overs, passionately supporting individuals to be and look their best.
Coming from a family of real estate he decided to follow in the family path, it was a natural move. The intimacy and trust created with his hair clients, proved to be valuable. The high standards and integrity, "the no matter what" part of Greg crossed over and continues to shine through.
The first year out Greg was Rookie of the year for the Los Feliz branch of Prudential California Realty. The second year he was given the Leading Edge Society award, which represents the top 7% of sales nation wide within Prudential California Realty.
Most recently was appointed to be one of the few board member of "The Charitable Foundation | Agent Outreach Community Of Prudential California Realty".
Greg Bender is continually working and creating new ideas to market homes for sellers and assist buyers in finding the home of their dreams.
The Greg Bender LA Realtor team is growing, he has created a full time partnership and is always teaming up with other Realtors to provide the best possible service to all clients.
Please check out Greg Bender's websites for yourself...
* www.PrimeSilverLake.com
* www.LAHomesByPrice.com
* www.TodaysOpenHouses.com
* www.GregBenderLA.com
Greg Bender has been a resident of Silver Lake, CA for 8 years and is specialist for the Moreno Highlands district which Greg calls Prime Silver Lake. He provides service to clients from Santa Monica / Malibu through the West Valley into Altadena and Pasadena. From the north end of the San Fernando Valley to as far south as Long Beach and Palm Springs for fun day trips of home hunting!
Where I grew up
San Fernando Valley, Malibu, Palm Springs, West Hollywood & Hollywood Hills.
Places I've lived
Pasadena, Sherman Oaks, Studio City, Woodland Hills, Toluca Lake, Malibu, West Hollywood,North Hollywood, Los Angeles, Hollywood Hills, Palm Springs, San Francisco, Santa Fe NM
Other names
Greg Bender LA Realtor
Tuesday, June 30, 2009
Monday, June 22, 2009
Subscribe to:
Posts (Atom)