Japanese billionaire Katsumi Tada has sold his apartment at Trump International Hotel & Tower in New York for $25 million, after almost two years on the market, according to people with knowledge of the deal.
The sale represents a small loss for Mr. Tada, a real-estate developer who bought the property for $26.022 million in 2008, property records show. He first listed it for $40 million in May 2016 but reduced the price several times, most recently to $27.5 million, according to listings website StreetEasy.com
The listing agents, Howard Margolis, Marie Espinal and Jeff Adler of Douglas Elliman, declined to comment on the sale, but Elliman’s website showed the property was no longer available and a spokesman for the firm confirmed that it had closed.
Mr. Tada could not immediately be reached for comment.
The unit measures approximately 6,360 square feet, with six bedrooms and six bathrooms, according to the listing. Features include a marble-floored foyer, black-lacquered and gold-leaf gilded doors and custom moldings and overhead lighting.
The great room has views of Columbus Circle and the south end of Central Park and has parquet de Versailles wood floors that were saved and reconstructed from a French château, the listing shows.
Mr. Tada heads Tokyo-based Daisho Development, a company that develops and owns office buildings in cities such as Sydney, Singapore and Tokyo, according to its website. Forbes magazine pegs his net worth at $2.1 billion.
God where is your face??? (Olorun nibo lojuu re wa?) Emi naa fe ra apartment (I want to buy an apartment too ) even if it is not more than $1m to start with. Baba pick up. My head is there too and it is not smaller than this man's head. Edakun!!!
Source: Mansion Global
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