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Fraudster's Absurd United Nations Plaza Pad Returns

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860 United Nations Plaza #24DE, one half of the golden duplex formerly owned by convicted fraudster Alberto Vilar, is back. Vilar's full apartment—25 rooms of black marble, gold leaf, and other such signifiers of extreme classiness located on the 24th and 25th floors of the building—first hit the market for $14.5 million in 2005, after Vilar was arrested for defrauding actress Phoebe Cates' mother to the tune of $5 million. It was then pricechopped down to around $13 million before being separated into two apartments, #25DE and #24DE, which sold in 2010 and 2006 respectively. #24DE was then renovated (if you can believe it, this is actually a fairly toned-down version of what the place used to look like) and has been trying to find a new buyer, to no avail, ever since.

The 14-room, 24th-floor pad was initially re-listed in 2008 for $6.9 million, apparently made it down to $4.6 million at one point, and has also been available for rent for $22,500/month. Last we heard, as far as asking prices go, it wanted $4.995 million back in 2010, and then disappeared again. But now it's back, having decided to compromise with an ask of ... $4.95 million. This apartment simply refuses to suffer the indignity of another price cut. Has it not suffered enough? It definitely has—those columns in the foyer used to be painted electric blue.

· Listing: 860 United Nations Plaza #24D/E [Sotheby's]
· 860 United Nations Plaza coverage [Curbed]
· Fraudster's "golden duplex" for rent at $22,500 [The Real Deal]

860 United Nations Plaza

860 United Nations Plaza, New York, NY 10017