Hard times hit Billionaire's Row with luxury condo foreclosure
Billionaire’s Row is headed for its first foreclosure.
The dubious distinction is going to a stunning apartment on the 56th floor of 157 W. 57th Street — the city’s first “billionaire’s building,” which is home to the Big Apple’s only $100 million condo.
“This is the first high-end condo to go into foreclosure,” said Kashy Eyn, of Platinum Properties, who is listing the property with Cash Bernard.
A mystery buyer who shielded his identity behind an LLC, Central Park Immobilier, bought the unit for $21.4 million in 2015. It is now on the market for $22.5 million — where it has agonizingly lingered for the past 547 days, according to Streeteasy.com.
Read more: http://nypost.com/2017/05/30/hard-times-hit-billionaires-row-with-luxury-condo-foreclosure
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