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Chinese mum buys USD 6.5mn NY condo for 2-yr-old daughter

New York, March 28 : A Chinese mother has brought a 6.5 million dollar apartment at the posh, still-unfinished One57 building in midtown for her 2-year-old daughter to use during her college.


The unnamed buyer wants her tiny tot to be comfortable in the event she ends up at an East Coast university once she's the right age, the New York Daily News reported.

Broker Kevin Brown, of Sotheby's International, told CCTV News that they are running around the city looking at things, and he finally said, 'Why exactly are you buying?'

Brown said that the women told him that it had to do with her daughter, who was planning on going to Columbia or NYU, maybe Harvard, so she needed to be in the center of the city, and that is why she was picking this one particular apartment.

Bordering the south end of Central Park, One57 is slated to be 90 stories tall when it is completed next year, and it's already attracted rich investors from Russia, South Korea and China willing to plunk down millions for a condo in the building.

The dizzying tower at 157 W. 57th St. will put the Trump Tower to shame in terms of opulence, with floor-to-ceiling windows offering spectacular views, high-end appliances and master bathrooms the size of one-bedroom apartments.

Crowning it all will be a 90 million dollars, 10,923-square foot duplex on the 89th and 90th floors.

The shimmering skyscraper has master bathrooms the size of one-bedroom apartments.

--ANI (Posted on 28-03-2013)

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