The rumor mill is buzzing with the news that the $90 million penthouse at One57 was purchased by the prime minister of Qatar. Not only did he scoop up the most expensive condo ever sold, but the Post reports that he dropped a total of $250 million on apartments in the building. The PM, full name Sheik Hamad bin Jassim bin Jaber al-Thani, originally wanted the Fifth Avenue co-op of the late Hugette Clark, but the board rejected his $31.5 million offer. A few other co-ops rejected him as well, most likely due to his huge entourage: he has two wives, 15 children, and a security detail that would surround the building when he's inside. He also has diplomatic immunity which could make things like collecting unpaid common charges quite difficult for a co-op board. Apparently, these weren't issues for Extell Development, as the company is likely to sell Hamad four full-floor units, plus the penthouse.
· Prime Minister of Qatar to Spend $100M to Buy City’s Most Expensive Condo [NYP]
· One57 Penthouse Sells for $90M+ in NYC's Biggest Deal Ever [Curbed]
· One57 coverage [Curbed]