The Traderszone Network

Published in TZ Latest News 8 November, 2017 by The TZ Newswire Staff

Going, going, gone: One57 PH sells for $36M at auction

A luxury penthouse at Extell Development’s One57 sold at auction for a record $36 million. The buyer, whose identity is unknown, was one of five bidders vying for the apartment on Wednesday, Bloomberg reported. The 79th-floor condominium belonged to Nigerian billionaire Kola Aluko, who defaulted on a $35.3 million mortgage on the pad. Aluko is also being investigated for money laundering in Nigeria and Europe. Aluko’s lenders initially planned the foreclosure auction for July, but […]

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