One57 foreclosure shatters price dreams at billionaires’ tower

Energy leads modest slide in U.S. stocks as oil prices fall, by Alex Veiga. U.S. regulators approve first digital pill to track patients, by Matthew Perrone. Bloomberg. Google pays to put search engine back on Firefox browser in U.S., by Mark Bergen. One57 foreclosure shatters price dreams at billionaires’ tower, by Oshrat Carmiel. Fortune

A full-floor penthouse in the landmark One57 condo building is headed to the auction block after it was seized under foreclosure, and according to the New York Post, Nigerian energy tycoon.

One57 foreclosure shatters price dreams at billionaires’ tower (Bloomberg) – When a full-floor penthouse at Manhattan’s One57 sold at a foreclosure auction, it didn’t just settle an international mortgage gone bad. The deal also set a new price standard for t.

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Dell’s 10,923 square foot duplex in the One57 tower went into contract in 2012 for $100.47 million, a price since rivaled by that of the Woolworth Building’s crown jewel (paywall), an.

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The First Luxury Condo Foreclosure On Billionaire’s Row Is At One57. One57 is home to the most expensive condo in the city, the only one to be sold for over $100M, but demand at the very top of.

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In less than a month’s time, another one of One 57’s ultra-luxury, ultra-pricey condos has entered into foreclosure. The first time around, it was a four-bedroom, four and a half bath on the Extell-developed building’s 56th floor to hit the auction block after the owners defaulted on a $20.9 million loan.

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