This is the penthouse unit 76-B in the Time Warner building in New york that 29-year-old Penang boy, Jho Low bought last week, at a record price of $31 million or 6,400 per square foot.
The deal was reported in the New York Post and Jho's hurry to seal the purchase with minimum bargaining has prompted speculation that Rosmah Mansor, wife of Prime Minister Najib Razak, was somehow involved. Jho is close friends with Rosmah's son Riza Aziz.
Jho is also connected in some way - directly or indirectly - with Prime Minister Najib Razak's prized RM15 billion 1Malaysia Development Berhad, the RM10 billion Terengganu Investment Authority, UBG which is the former banking arm of Sarawak Chief Minister Taib Mahmud's family business, as well as the oil-rich Mid-East firm PetroSaudi.
Incidentally, the condo is just a 10-minute walk from Rosmah's favourite jewelry retailer, Jacob & Co, from whom she has been reported to have bought a RM24.4 million ($8 million) 'natural fancy blue-gray cushion-cut' diamond ring'
- Malaysia Chronicle
Pictures courtesy of - http://ny.curbed.com/archives/2011/07/07/jayzs_old_time_warner_rental_about_to_sell_for_31_million.php#time-warner-center-b-1
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