Thursday 1 October 2020

Fortress Investment chairman buys steeply discounted Zaha Hadid penthouse

Related Companies’ sale of a penthouse at its Zaha Hadid-designed condominium in West Chelsea may become the poster child for Manhattan’s strong buyers’ market. The developer first listed the top-floor unit at 520 West 28th Street in 2016 for $50 million, or $7,296 per square foot. Four years later, amid a global pandemic, the 6,853-square-foot condo has sold for $20.2 million, 60 percent less than Related was initially seeking, public records show. The buyer, Wesley



source https://therealdeal.com/2020/10/01/fortress-investment-chairman-buys-steeply-discounted-zaha-hadid-penthouse/

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