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The Megasale That Wasn't

The biggest apartment sale of the year is not quite what it seems, the Wall Street Journal reports. Fugitive fraudster Jacob "Kobi" Alexander (currently hiding out in Namibia) sold $40 million worth of Manhattan apartments?including a Park Imperial penthouse for $35.2 million?in one day, records show. But the buyer was an LLC represented by Alexander's lawyer, and court records show that he promised to transfer the apartments to his wife. A call to the broker confirms that Alexander's Park Imperial triplets are still on the market. As you were. [WSJ]

Park Imperial

230 West 56th Street, Manhattan, NY 10019 Visit Website