New York Post

$100M DELL DEN

Tech titan bought NYC’s priciest pad

- By JENNIFER GOULD KEIL

Tech billionair­e Michael Dell was the buyer of the most expensive home ever sold in the Big Apple — a $100 million condo on Billionair­es Row, sources told The Post.

Dell, founder and CEO of Dell Technologi­es, was first reported as the probable buyer by The Wall Street Journal, which cited two sources.

Dell snagged the ballyhooed, 11,000-square-foot duplex penthouse at 157 W. 57th St. for $100.45 million in a deal that closed in 2014, through a limited liability company, P89-90, that shielded his identity.

The 1,004-foot-tall glass tower, known as One57, was the first super-tall building on the rarefied stretch now known as Billionair­es Row.

The building developer, Gary Barnett, of Extell Developmen­t, and the Corcoran Group, which represente­d the buyer, did not return requests for comment. The building, however, still has not sold out. At least 73 of the 130 units have sold, a source said.

Along with being home to the city’s first and only $100 million condo, it is home to a high-profile foreclosur­e.

Nigerian playboy and accused fraudster Kolawole Aluko paid $50.9 million for a 6,240-squarefoot condo in 2014. But it ended up selling in foreclosur­e for a mere $36 million last fall.

It was the fourth time since 2015 that a condo at One57 resold for less than what the previous owner paid, according to a Bloomberg News report.

Aluko stands accused by the US government of laundering money obtained through corrupt oil deals in Nigeria and is on the lam, unavailabl­e for comment. That wasn’t the building’s only scandal.

In 2016, The Post reported that the building itself was funded by a subsidiary of an Abu Dhabi company linked to a global money-laundering investigat­ion that tied tainted do- nations to a charitable organizati­on run by Leonardo Di- Caprio. Barnett launched the skyscraper during the height of the recession, when western financing was scarce. He owns just a small piece of the tower, which was mainly funded by Aabar Investment­s and a second, privately held Abu Dhabibased investor, Tasameem Real Estate Co., sources told The Post.

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 ??  ?? VIEW GOTTA BE KIDDING: Michael Dell (bottom right) plunked down $100.45M for this Billionair­es Row duplex penthouse at One57.
VIEW GOTTA BE KIDDING: Michael Dell (bottom right) plunked down $100.45M for this Billionair­es Row duplex penthouse at One57.

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