Friday, March 29, 2013

Mom Buys $6.5 Million Condo For 2 Year Old Daughter

WOW! I have many clients that buy condos for their children because they are going to school in Boston or maybe they just graduated from college and their parents are looking for an investment so this is nothing new. But, for a 2 year old?? China's state TV, CCTV reports that Kevin Brown, a senior vice president at Sotheby’s International Realty, told CCTV that he helped the woman look at various apartments in the city and asked why she was buying. “And she said, well, her daughter was going to go to Columbia, or NYU, or maybe Harvard so she needed to be in the center of the city and that was why she was picking this one particular apartment,” Brown told CCTV. When she said her daughter was only two years old, Brown was shocked, he told CCTV. Both Sotheby’s and Brown declined to comment about the sale.
The lucky toddler’s new condo is in the Park Hyatt-managed One57 tower, currently under construction. The building, at 157 W. 57th Street, will be one of New York's tallest skyscrapers when finished in 2013 at a height of 1,004 feet.
This is one for the record books!!

No comments: