The Traderszone Network

Published in TZ Latest News 20 September, 2017 by The TZ Newswire Staff

After escaping foreclosure, One57 pad asks $39M — a $13M loss

A luxury pad at One57 that escaped the auction block in July is back on the market for $39 million — nearly $13 million less than the owner paid. Nigerian billionaire Kola Aluko, who is being investigated for money laundering in Nigeria and Europe, defaulted on a $35.3 million mortgage he took on the 79th floor condominium in 2015. His Luxenbourg-based lender moved to foreclose, but a sales auction was put on hold in July […]

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