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New York, United States
The Wall Street Journal reported that Saudi retail and real estate tycoon Fawaz Al-Hokair is planning to sell his New York apartment for $ 170 million (638 million riyals), according to people close to him. folder.
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And the “Wall Street Journal” reported that the Saudi businessman is offering his apartment for double what he paid in 2016 to buy it.
The newspaper pointed out that if this apartment were sold for that amount, the property would be among the most expensive properties ever sold in the country, noting that the apartment is located in a skyscraper on 432 Park Avenue, one of most luxurious residential areas. complexes in New York. This residential unit is located on the 96th floor, and is over 8,000 square feet in size, and has 6 bedrooms.
According to the Wall Street Journal, this news coincides with the general rise of the luxury real estate market in the city, which was decimated by the Corona pandemic crisis, but recently rebounded significantly as two apartments in the Neighboring “220 Central” The Park South neighborhood was sold for $ 157.5 million, in one of the city’s most expensive residential property sales.
Source: “The Wall Street Journal”
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