There is a rare opportunity that has presented itself in New York City—the chance to buy a 8,000-square-foot condo at the Time Warner Center.
The incredible residence is a high-floor condo which is actually a combination of two units, a four-bedroom, 4,500-square-foot apartment (75CE), and a three-bedroom, 3,500-square-foot apartment (74/75B). The apartments are listed separately, 75CE for $34.95 million and 74/75B for $18.45 million; however they will be combined if the right buyer comes and wishes to purchase them together for $57.5 million, including a $4 million premium for the rights to combine the units.
75CE is owned by alleged psychic fraud Steven Feder who purchased the unit in 2008 for $24.4 million after selling another Time Warner Center condo for $15.8 million which he originally bought from pop star Ricky Martin.
74/75B is a duplex owned by a venture capitalist, Doug Von Allmen, who was reportedly a victim of Ponzi schemer Scott Rothstein. This unit reportedly has a 45.5-foot living room, which is likely to become a massive master bedroom if the unites are combined.
The combined unit is listed for what equates to $7,000 per square foot, an incredible amount considering last June a 8,300-square-foot penthouse was sold for $37.5 million, equating to just $4,500 per square foot. But considering the chance to live in one of the most notorious New York City buildings rarely presents itself, it’s likely that this opportunity will be snatched up relatively quickly by someone.
