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Friday, September 25, 2020

Panic Over The Price

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”.

 

Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million)Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million)Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million)Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million)Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million)Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million)Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million) Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million) Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million)Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million)Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million) Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million) Panic Over The Price – 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? 240 Riverside Boulevard #6A Upper West Side, New York, NY 10069, United States of America – Owned by Prince Nawaf bin Sultan bin Abdulaziz Al-Saud – For sale through Elizabeth Mercedes Berk of Mercedes/Berk at a price of £32.9 million ($40 million, €37.9 million or درهم147 million), reduced from £61.7 million ($75 million, €71 million or درهم275.5 million)

6 COMMENTS

  1. One where the wrecking ball is not required!!!!!!!!!! Leave it as it is!!!!!!!! And celebrate the Trump name!!!!!!!! Whoever buys this will be living in a building named after the man who’ll MAKE AMERICA GREAT AGAIN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  2. Look at the interior design though. Hard not to be wowed with this place surely. The Trump name will not put buyers off I think. With his imminent presidency I think it will add monetary value. We also know that forty-five percent of white women with college degrees voted for him. You cannot predict the Trump!

  3. Actually, Matthew, the Trump Place name may not be relevant. He doesn’t have anything to do with the building other than lend his name for branding.
    I tend to agree with Harriet Davidson, though that may be because we’re not Russian, Saudi or Chinese oligarchs who have one of their many homes round the world in New York. They are not integrating with Manhattan the way the rest of us do, so it doesn’t matter that they are so far west of everywhere, midtown.
    Btw, what is this ubiquitous modern thing of floor to ceiling windows? Where do the paintings go?

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