Qatar Pays $100M For NYC Townhouse For Future Consulate
April 16, 2014 - New York
In a deal expected to close for more than $100 million, the government of Qatar is in contract to buy a Manhattan townhouse on East 64th Street to use as a New York consulate.
The sellers are the Wildenstein family of international art dealers, which used the buildings as its headquarters and art gallery.
The Wildensteins had their art firm’s headquarters in the historical building since 1932, and although the 20,500 square foot mansion was never officially on the market, the New York Post stated that it had an unofficial US $125 million asking price.
The Corcoran Group's Carrie Chiang, who represented the seller, said when the deal closes in April, it will set a record for the most expensive townhouse sold in Manhattan.
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