The $88m apartment: now the oligarchs take Manhattan
Saturday 18 February 2012
With panoramic views over Central Park, four bathrooms, a library and a chef's kitchen, it is not the average student accommodation.
Now New York's most expensive flat will serve as a bachelorette pad for a Russian heiress, after her billionaire father, Dmitry Rybolovlev, broke the city's real estate record by sealing an $88m (£56m) deal.
The 10-bedroom Manhattan penthouse, previously owned by the retired banker Sanford Weill, smashed the city's previous residential property record of $53m. Mr Weill paid $44m for the property in 2007. Mr Rybolovlev, who made his fortune selling fertiliser, is said to have bought the flat for his daughter Ekaterina, 22, a student at Harvard, to use when she visits the city. In 2008, he bought Donald Trump's 33,000 sq ft Florida estate – Maison L'Amitie – for $95m in cash.
- 2 Tower Bridge glass walkway 'smashed' by night-time visitor dropping bottle of beer
- 4 Woman opens professional cuddling shop – gets 10,000 customers in first week
- 5 Grayson Perry: London needs affordable housing because 'rich people don't create culture'
Tower Bridge glass walkway 'smashed' by night-time visitor dropping bottle of beer
Anti-gay hate preacher accidentally tweets 4,000 followers cartoon clip of him 'confessing' to be a 'homosexual sodomite'
Woman opens professional cuddling shop – gets 10,000 customers in first week
Grayson Perry: London needs affordable housing because 'rich people don't create culture'
Isis propaganda image showing 'abuse of Muslim woman by soldiers' is actually taken from Hungarian porn film
Rochester by-election: Ukip gains second MP as Tory defector Mark Reckless holds seat
'Beast of Bolsover' Dennis Skinner takes Ukip MP Mark Reckless to task moments after he is sworn in
Rochester by-election: Labour MP Emily Thornberry resigns after posting white van and England flags tweet
France 'blocks' Russian sailors from boarding a warship
Revealed: How the world gets rich – from privatising British public services
Rochester aftermath: Sacking of Emily Thornberry will make work of Labour MPs '10 times harder'
Excellent Salary: Austen Lloyd: CORPORATE - Corporate Solicitor NQ+ An excelle...
Voluntary Only - Expenses Reimbursed: Reach Volunteering: A trustee (company d...
£45000 - £65000 per annum: Recruitment Genius: This is a fantastic opportunity...
Negotiable: Recruitment Genius: This is an opportunity to join a successful an...