RSS FeedFacebookSearch
Gary Younge
Beyond wow - Briton's £27m NY pad

The publicity-shy banker has already put down a $5m deposit for the 1,100sq metre (12,000sq ft) flat, which includes a terrace that wraps around the 76th floor of the AOL/Time Warner building and which is still being built.

The property, located in the south tower of the two-tower structure on Columbus circle was sold as a shell - it has no internal walls or decoration - with the estimated cost of doing it up put at a further $5m.

"Whomever he chooses to design it for him is going to have one of the greatest blank spaces in the world," said Pamela Liebman, head of estate agent Corcoran, which acted for the buyer.

New York's previous property record was a $36m Park Avenue pad sold three years ago, but the demand for luxury flats slumped after September 11. It has recently been revived by foreign buyers exploiting the weakening dollar. "The luxury market has recently been bouncing back," broker Roger Erickson told USA Today. "But $45m. That's beyond wow."

Initial rumours that the unknown buyer is an ageing British rock star have been dismissed. "He's not a celebrity. You wouldn't even find him if you did a Google search," said Ms Liebman.

© Gary Younge. All Rights reserved, site built with tlc
Who Are We – And Should It Matter in the 21st Century?
book review
The more power an identity carries, the less likely its carrier is to be aware of it as an identity at all.
 follow on twitter
"Stronger borders do stop people from arriving and making an application for asylum. But it doesn't make them disap… https://t.co/WpEKapUutU
RT @add_editore: «Gli USA non hanno una popolazione più violenta di altre nazioni. Quello che rende la società statunitense tanto letale è…
"In 30 years King went from ignominy to icon. In 1966, twice as many Americans had an unfavorable opinion of him as… https://t.co/rQvAZYZjTY
RT @typemediacenter: “His parting words summed up our current situation, advocated resistance in the face of adversity, and will, I hope, p…
RT @sulaimanaddonia: I have an extreme fear of technology, but this festival prompted me to get over my technophobia. So I built my 1st eve…
RT @Ciaran_Laval: @therealmi5 @Saffiya_Khan1 @davidschneider @EHRC This is an issue that hasn't been addressed for decades, it came to a he…
RT @jielbyr: "We are trying to raise self-confident children for long lives, not hashtags for slaughter." Gary Younge
I dream of a world without borders; but in the meantime I’m more than happy with my friends without boundaries. https://t.co/Tg9vuEXxie
RT @MsJeanRhys: I had two longings & one was fighting the other. I wanted to be loved & I wanted to be always alone.
Wow. Twitter has many faults. But when someone can use to let you know they’ve found one of your late mother’s scho… https://t.co/tYlcKhLdbh
© Gary Younge. All Rights reserved, site built with tlc