Someone has money — millions, to be exact — to burn.
A London-based oil tycoon has signed on the dotted line to pay $56 million for a triplex penthouse condominium in the Plaza Hotel, according to a published report. The condominium is actually two separate apartments made into one unit, providing more than 9,200 square feet of living space for the businessman and his bankroll.
The paper reports that it will likely be the most expensive Manhattan apartment sale to date when it closes later this year, but move over bankroll, someone else is throwing even more millions into the real estate market.
A wealthy financier has agreed to pay $100 million for an East Hampton property adjacent to his estate, a deal that easily rewrites the record books on prices paid for real estate in the U.S., according to a report in the New York Post.