NYC Apartment That Housed Chinese Mogul Is Cut to $35 Million
Asking price for the 15-room apartment overlooking Central Park is about half what it sold for in 2015.
This article is for subscribers only.
The asking price for a 15-room Manhattan apartment where exiled Chinese tycoon Guo Wengui lived for years has been nearly halved since it was purchased in 2015.
Genever Holdings, the entity that owns the co-op overlooking Central Park, bought it for $67.5 million seven years ago, according to city records. Genever filed for Chapter 11 protection in 2020, while Guo filed for personal bankruptcy in February and was later denied a request to drop the proceedings because he couldn’t afford the legal costs.