Vast New York triplex with three bullet-proof panic rooms at The Heritage at Trump Place reduced in price by 47%; Is the Trump connection a factor?
In 2012, a Saudi royal placed a fifth, sixth and seventh triplex he “rarely uses” on the market for £61.7 million ($75 million, €71 million or درهم275.5 million). It didn’t sell and now it’s back for sale for just £32.9 million ($40 million, €37.9 million or درهم147 million) through Elizabeth Mercedes Berk of Mercedes/Berk.
Featuring three bullet-proof panic rooms and extending to a total of 10,500 square foot over three levels, #6A at 240 Riverside Boulevard – alternatively known as The Heritage at Trump Place – is a combination of six units in what is described as “one of New York’s finest full-service condominiums”. It is currently configured to provide 3 bedrooms but comes with plans to turn it into a 5-bedroom home.
Enjoying 120 foot of “contiguous, unobstructed park and Hudson River views”, the Upper West Side property – which is within a building that was completed in 2005 – features three private terraces, a restaurant quality kitchen with a sushi bar, a billiards room, a hair salon, a ventilated cigar room, a six-person Jacuzzi and a saltwater aquarium. Two adjacent units that currently provide staff accommodation can be included in the sale for an additional sum.
The current owner, Prince Nawaf bin Sultan bin Abdulaziz Al-Saud, is 82 years old and said to be confined to a wheelchair. He was Director General of Saudi Intelligence from 2001 to 2005 and is described as “a close ally of the late King Abdullah”.
One has to ask: “With Donald Trump’s name associated with the building, will panic set in and will the price drop further?” We’re guessing the answer is “yes”.