The Real Deal New York

Brazilian billionaire is mystery buyer of $53M One57 pad

Edson Bueno bought a unit on the 80th floor of Extell Development's condo tower
June 09, 2015 10:05AM

Brazilian billionaire Edson Bueno was behind the LLC that paid $53 million late last year for a glitzy pad in Extell Development’s One57.

Bueno paid $53 million for his 80th-floor condo at 157 West 57th Street, according to the New York Daily News. The transaction marks the ninth most expensive one in the city, the newspaper reported.

The apartment spans 6,240 square feet and includes four bedrooms and four bathrooms.

The tycoon sold a 90 percent stake in his insurance and hospital company to UnitedHealth for $4.9 billion in 2012. Bueno is not the first Brazilian to spend big bucks on New York City real estate. Marcel Telles, who made is fortune through his beer empire, bought a $30 million three-bedroom pad at 15 Central Park West in 2014. [NYDN] — Claire Moses