Saturday, April 21, 2012

The New York City $88 Million 'Student Pad’

Photo: Durston Saylor

The $88 Million 'Student Pad’ And The Record Russian Oligarch Divorce -- The Telegraph

New York’s most expensive apartment, a palatial $88 million penthouse said to have been bought for an oligarch’s daughter as a college getaway, is now at the centre of the world’s costliest divorce battle.

It is billed as the world’s most lavish student crash pad - a stunning penthouse with panoramic views of Central Park that smashed records as New York’s priciest property when it sold for $88 million in February.

The palatial apartment atop one of Manhattan’s most prestigious buildings was bought for Ekaterina Rybolovleva by a trust funded by her father, Dimtry, a billionaire Russian oligarch who made his fortune from fertiliser.

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My Comment: I suspect that this pad is more his 'New York City bachelor pad' .... not his daughter's apartment.

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