The Real Deal New York

Barnett denies Qatar prime minister purchased homes inside One57

July 03, 2012 02:00PM

  • Print

From left: Prime Minister Sheik Hamad and a rendering of the One57 penthouse

Extell Development has denied reports that the Prime Minister of Qatar made any purchases in the One57 condominium building, in an email sent to the press, let alone $250 million worth of them. Yesterday, a report said Prime Minister Sheik Hamad was the buyer of the 10,923-square-foot penthouse and four other units in the building.

In a Wall Street Journal article published today, Extell President Gary Barnett declined to disclose the buyers of the One57 apartments, but said rumors that the buyers are from the former Soviet Union or the Middle East were incorrect.

“Neither is on the right continent,” Barnett told the Journal. “So they have another five guesses to go.”

The supposed plans of the Prime Minister were to buy the 10,923-square-foot penthouse, which was already reported to have a contract price above $90 million, as well as some full-floor units inside the building. — Zachary Kussin

  • Raging Realtor

    Its Mark Zuckerberg

  • Charlotte

    Hat off to Barnett.

MENU

Subscribe to our email newsletters

New York Real Estate News
South Florida Real Estate News