$65 Million Manhattan Apartment Negates any Financial Crunch
November 24, 2008 – 7:04 pmLehman Bros. bankrupt. US Economy flutters. Merrill Lynch sold. Global economy slowdown. US bears the brunt. Such news has become recurring. Among these headlines, news like ‘Sale of $65 Million apartment in Manhattan’ is sure to catch attention!
News is that a 78th floor penthouse at the Time Warner Center in midtown Manhattan has been on sale and is priced $65 million! The penthouse is reported to have five bedrooms, including a master suite with two bathrooms, office premises, and a gym. Well this is about the bedrooms. Listen more- it has a 41 feet living room with its own library, a dining room facing the famous Hudson River, a staff kitchen, and a home cinema.
Besides, the apartment has a 360 degree view of the entire New York City. With all this and much more, this is supposed to be one of the finest penthouses in The United States. What is remarkable about the apartment is that the owner purchased it for $29 million in 2006. Market insiders say that the real estate industries are already all eyes on the sale of the penthouse, and are hopeful of a quick sale. So is there no financial crisis for the super rich people or America’s real estate is getting stronger?