Can you believe this!

[ohio herd]

Billionaire Ken Griffin just purchased a New York Penthouse for 238 million! Really? I mean how in the world could even a 24.000 sq feet property be worth that.

https://www.wsj.com/articles/billio...st-expensive-home-for-238-million-11548271301

 

[SamSwimmer]

I can't believe anyone is dumb enough to pay $500 million for two works of art.

 

[HerdBuckeye]

There is a reason the rich get richer while the peasants scramble to run two nickels together.

 

[Raoul Duke MU]

As it was four floors built to his specifications....yeah I can believe it.

 

[ohio herd]

As it was four floors built to his specifications....yeah I can believe it.

but how do you get that level of value over any space? I mean I could understand 20- 30 million or whatever. But that seems outrageous to me

 

[GreenDuke]

Asian investment has driven prices to ridiculous levels. West Coast, Boston, NY., Out Wayne. But this deal is a real stand alone.

 

[extragreen]

You can get a double wide in OW for less than a $million. Every day, all day.

 

[HerdFan73]

Billionaire Ken Griffin just purchased a New York Penthouse for 238 million! Really? I mean how in the world could even a 24.000 sq feet property be worth that.

https://www.wsj.com/articles/billio...st-expensive-home-for-238-million-11548271301

A quick search of the Google Says that Manhattan real estate (not sure if this is Manhattan but it could give a ball park I suppose ) is $1,778 per square foot. So that's 42.6 million to get started before whatever absurdly lavish improvements he made.

 

[WV-FAN]

There is a reason the rich get richer while the peasants scramble to run two nickels together.

If the peasants would stop sitting around rubbing coins together, maybe they could build some wealth.

You mentally deranged libs would rather let the peasants keep doing nothing and take from the rich and give them wealth.

 

[extragreen]

If the peasants would stop sitting around rubbing coins together, maybe they could build some wealth.

You mentally deranged libs would rather let the peasants keep doing nothing and take from the rich and give them wealth.

Leave the peasants alone, they're overwhelmed with all the trickle down they're getting.

 

[WV-FAN]

Leave the peasants alone, they're overwhelmed with all the trickle down they're getting.

ironically, at this time of year, your statement couldn't be more correct. they'll be getting tax refunds inclusive of money they didn't pay in, i.e. free money . . . trickle down.

see, you are correct once in a blue moon.

 

[extragreen]

ironically, at this time of year, your statement couldn't be more correct. they'll be getting tax refunds inclusive of money they didn't pay in, i.e. free money . . . trickle down.

see, you are correct once in a blue moon.

I see you were overwhelmed by the overwhelmed part.

 

[raleighherdfan]

how much would the county and city in that area lose in various taxes and transfer fees if sales and real estate values like that didn't occur?