Lincoln Square condo in 1MDB scandal bought in 2012 for $33.5M sells for $16.8M
The entity St. Jean II Revocable Trust paid $16.8 million to the U.S. Marshals Service for condo (SC) unit 29A at 15 West 63rd Street in Lincoln Square, Manhattan.
The deal closed on May 5, 2021 and was recorded on May 25, 2021.
The property has 3,879 square feet of built space and 0 square feet of additional air rights for a total buildable of 0 square feet according to PincusCo analysis of city data. The sale price per built square foot is $4,331 per the PincusCo analysis.
The owner bought the property on 4-Dec-12, for $33.5 million.
The signatory for U.S. Marshals Service was Wesley C. Newbold. The signatory for St. Jean II Revocable Trust was Paul Giddins.
This is unit 29A. It was subject to seizure by the United States in a complaint against Riza Aziz in relation to the 1MDB financial scandal. The contract date was February 9, 2021.
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