The Real Deal New York

Russian billionaire selling Columbus Circle pad for $23M

Oleg Baibakov bought three-bedroom unit in 2007 for $13.5M
December 31, 2014 03:58PM

Russian oligarch Oleg Baibakov is selling his three-bedroom apartment at the Mandarin Oriental Residences at Columbus Circle for $23 million.

The Russian billionaire, who is a close friend of Brooklyn Nets owner Mikhail Prokhorov, entered contract to sell the 3,168-square-foot unit, the New York Daily News reported. Baibakov bought the apartment in 2007 for $13.5 million.

Douglas Elliman’s Jacky Teplitzky had the listing.

The apartment is located on the building‘s 71st floor with panoramic views of the East River and Hudson River. The unit also comes with oak flooring and stainless steel finishes, according to the listing. [NYDN] — Claire Moses