Qatar PM set to buy $100M condo in NYC

July 2, 2012 at 1:18 PM

NEW YORK, July 2 (UPI) -- The prime minister of Qatar is set to spend $100 million on a condominium in New York City, officials said.

Sheik Hamad bin Jassim bin Jaber al-Thani is in the process of buying an ultra-luxurious two-story, 10,923-square-foot penthouse condo in Manhattan's under-construction One57 condominium, the New York Post reported Monday.

The condo, which features at least five bedrooms, a "grand salon," a large mezzanine, four fireplaces and floor-to-ceiling windows, will cost the sheik nearly $100 million, Realtors said.

But, that's not all: The sheik is also in discussions with Extell Development about buying four full-floor condos in the 90-story One57 building for extra room for his two wives, 15 children and a massive entourage.

"At one point, they were talking about doing it in pieces, like four separate units, the four top floors, so no one knows about it," a person with knowledge of the deal said.

The extra condos would bring the total purchase price to about $250 million.

Related UPI Stories
Topics: Sheik Hamad
Latest Headlines
Trending Stories
Ted Cruz campaign pulls ad featuring softcore porn actress
Report: Clinton Foundation subpoenaed by State Dept. watchdog over charity projects
Ruby Rose, Gigi Hadid react to Kanye West's lyric about Taylor Swift
Kristen Wiig impersonates Peyton Manning on 'The Tonight Show'
NYC police officer found guilty of manslaughter in Brooklyn stairway shooting