There were reportedly two leaks in the tall building in 2018, and one resident claimed to have been stuck in an elevator on Octofor nearly an hour and a half due to high winds. In February, the New York Times published an article detailing some problems at the luxury residences, with tenants complaining about millions of dollars in water damage from plumbing and mechanical issues, frequent elevator malfunctions and walls 'that creak like the galley of a ship.' Its tenants included Jennifer Lopez and Alex Rodriguez before they separated earlier this year, as well as many foreign buyers, like Al Hokair, looking for some discretion in the Big Apple.īut even the rich and famous face some problems. Residents can eat at the building's own private restaurant run by chef Shaun Hergatt, who previously ran the Michelin Star-rated restaurant Juni. The bathroom floors are heated as an additional luxury, according to Business Insider, and the condo is sprinkled with accessories from upscale companies, like Louis Vuitton, Hermes and Bentley.Īnd, as with any million-dollar residence, the kitchen is fully stocked with modern appliances.Ī large freestanding tub sits in the middle of the master bathroom in a similar penthouse condominium, and offers stunning views of the City that Never Sleeps The master bathroom, meanwhile, has marble floors and walls, cubic marble vanities with 22-inch oval sinks and custom wood cabinets, and a large freestanding soaking tub where residents can enjoy a nice bath while enjoying some views of the water that surrounds the city. It also includes its own private library with a wood-burning fireplace, according to Business Insider, as well as a sitting room and separate dressing rooms attached to the master bedroom. The condo, on the 96th floor of the 1,396 foot-tall building - at one point the tallest residential building in the western hemisphere features - includes six bedrooms and seven bathrooms, and offers panoramic views of the city.Ī chandelier hangs over a custom onyx dining room table that seats 12, and a sculptural grand piano sits by the window in the living room, overlooking the City that Never Sleeps. He had a net worth of about $1.37 billion at the time, according to Observer, with his company, the Fawaz Alhokair group being valued at $22 billion. If Fawaz Al Hokair is successful in selling the 432 Park penthouse for that price, it would be among the most expensive properties ever sold in the country, according to the Wall Street Journal.Īl Hokair bought the property in 2016 for $87.7 million, spending $10,623 per square foot in the condominium, according to Curbed NY. Fawaz Al Hokair, a Saudi real estate magnate, is planning to sell his more than 8,000-square-feet penthouse for $170 million, according to The Wall Street JournalĪ Saudi real-estate magnate is planning to list his more than 8,000-square foot penthouse overlooking Central Park and completed with accessories from Louis Vuitton and Hermes for $170 million, twice as much as he paid for it in 2016.
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