Reuters reported on 9th Nov 2007 that The Mark Hotel on East 77th Street, New York is converting several top floors into apartments designed by French decorator Jacques Grange.

It overlooks Manhattan’s posh Upper East Side.

Price: USD150 million, according to New York real estate brokers.

Even for the Big Apple, that price is amazing. While the city can easily attract buyers for multimillion dollar pads, a 3-figure sum is unusual.

Probably because of its uniqueness.

The most expensive apartment currently listed in New York is a USD70 million unit at the The Pierre Hotel.

Specs:
- 3-stories
- 30,000 square-feet
- 26-feet-high ceilings
- a library with fireplace
- a gym
- a spacious terrace with a rooftop pavilion.

So far, Leonard Blavatnik, 50, a Russian oil and real estate magnate, has signed a letter of intent to buy the place. He’s worth USD7 billion according to Forbes (read: he can afford it).

Source
The Star, 9th Nov 2007
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