Monday, May 14, 2012

Hold on to your britches children...

A massive 9,000-plus square foot spread in London's insanely expensive One Hyde Park recently hit the open market with a staggering asking price of £65,000,000. A couple of quick clicks and clacks of Your Mama's currency conversion contraption reveals that's a bone-crushing 104,419,000 U.S. dollars at today's rates.

Listing information shows the two-wing apartment, linked by a extravagantly long 65-meter corridor, occupies the entire 8th floor of the very contemporary Richard Roger's designed complex's Pavilion C and includes both city and tree-top views of Hyde Park. Listing information indicates the decked-out spread—which appears to Your Mama to be a sponsor unit with interiors by Candy & Candy—has 5 bedrooms, 6 bathrooms, and 3 reception rooms.

Most buyers at One Hyde Park are shrouded in secrecy and a matter of intense gossip and speculation. Most of the sold units are owned by off-shore corporations and it's been reported that fewer than 10 of the 86 units are occupied by full-time residents, a situation that no doubt leaves the glitzy complex in natty Knightsbridge feeling like a bit of a ghost town most of the time.

Current and/or former owners in the four-tower complex are said to include high-flying developers Christian and Nick Candy, pop star Kylie Minogue, London-based Kazakh copper tycoon Vladimir Kim, insolvent property developer Ray Grehan and Ukrainian mining magnate Rinat Akhmetov who reportedly paid £136,400,000 for either a penthouse or two adjacent units expected to cost him another £60,000,000 to combine

Sheikh Hamad bin Jassim bin Jaber Al Thani, otherwise known as the Prime Minister of Qatar, is a principle investor in the complex along with the Misters Candy and reportedly owns one of the palatial penthouses. Mister Al Thani, who owns a 8+ acre vacant parcel in Bel Air bought in late 2010 for $34,500,000, recently made a $31,500,000 offer to purchase two of deceased heiress Huguette Clark's New York City apartments but was rejected by the board who (allegedly) refused to even grant the sheikh an interview due to concerns about the size of his family, entourage, staff and security detail.

listing photos: Aylesford International Estate Agents

0 comments:

Post a Comment