Tuesday 20 December 2011

Ekaterina Rybolovleva And Record Sum

Ekaterina Rybolovleva And Record Sum- Now comes news that Ekaterina Rybolovleva, the 22-year-old daughter of Russian billionaire Dmitriy Rybolovlev, is buying the condominium. Rybolovleva is currently 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. 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 August 15 for just over $36 million.


"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 U.S. 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."

Forbes cites that the previous record was held by investor Christopher Flowers, who paid $53 million for a townhouse at 4 East 75th Street before the stock market crash.
"This sale is an outlier. It works out to be about $13,000 per sq. foot, the highest on record, for anything, that has ever occurred," says Jonathan Miller, 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."