The Real Deal New York

Chelsea’s Onyx condo with ties to international scandal on the auction block

April 09, 2013 01:15PM

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Chelsea's Onyx (credit: PropertyShark)

Chelsea’s Onyx (credit: PropertyShark)

A Chelsea condo that had a cameo role in a money-laundering drama involving a former president of Taiwan, will be sold, Our Bottom Line reported.

The 1,178-square-foot luxury home, at Chelsea’s Onyx at 261 West 28th Street, is scheduled to hit the auction block April 23. The sale comes about after Taiwan successfully prosecuted the couple for bribery, embezzlement and money laundering, according to a statement from the U.S. Justice Department.

The couple purchased the condo and an estate in Virginia with the proceeds from their crimes; the Taiwanese government asked for the Justice Department’s help in seizing the properties; the owner of the condo is an LLC listed as West 28th Street.

The two-bedroom, unit, as described by Our Bottom Line, has a chef’s kitchen, hardwood floors, limestone and radiant heating baths and floor-to-ceiling windows. [Our Bottom Line] –Hayley Kaplan

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