Friday 1 November 2019

Ben Shaoul uses Bitcoin to sell retail condo for $15M

Ben Shaoul has sold an Upper East Side retail condo for $15.3 million in Bitcoin. The landlord, whose firm Magnum Real Estate Group is converting 389 East 89th Street from rentals to condos, sold the 11,400-square-foot space earlier this month, The Real Deal has learned. The buyer is a Taiwanese entity called Affluent Silver International LLC, according to a person familiar with the deal. To complete the transaction the parties used Bitpay and Starr. Eric



source https://therealdeal.com/2019/11/01/ben-shaoul-uses-bitcoin-to-sell-retail-condo-for-15m/

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