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(Yahoo)   Before spending (hold pinky up to mouth) $53 MILLION on a penthouse apartment, don't you think you might want to actually look at it first?   (news.yahoo.com) divider line
106
    More: Dumbass  
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35860 clicks; posted to Main » on 09 Sep 2008 at 12:55 AM (14 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



106 Comments     (+0 »)


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fappityfappityfap
2008-09-08 11:53:39 PM  
Shows how much of a broke-ass you are, Subby.
 
baka-san [TotalFark]
2008-09-08 11:58:15 PM  
Some people should not be allowed to have money.
 
ksdanj
2008-09-09 12:16:30 AM  
Caveat emptor, biatches.

Who the hell drops 53 million w/o at least a walk-through?
 
Psychotropic
2008-09-09 12:39:25 AM  
The penthouse apartment is new construction on the roof of the Plaza hotel.
It was originally supposed to be 2 apartments. This buyer bought both before construction began and had it converted to one large apartment. He was required to put down a $10 million deposit before construction began. He's suing to get his deposit back plus money for being defrauded.
He purchased based on original plans and a detailed model. Changes were made without his approval. He was not allowed in to see the apartment until construction was completed.

Tell me more about this walk through he should have done.
 
NewportBarGuy [TotalFark] [OhFark]
2008-09-09 12:45:56 AM  
img182.imageshack.usView Full Size



MONEY FIGHT!!!!
 
Bob_Laublaw [TotalFark]
2008-09-09 12:46:02 AM  

Psychotropic: Tell me more about this walk through he should have done.


Well, he could have consulted a psychic. But he didn't. Where's the due diligence?
 
ksdanj
2008-09-09 12:55:43 AM  
FTA:
The apartment's anonymous buyer, who made the purchase based on a video, is suing the hotel, developers El-Ad Properties and brokers Stribling & Associates for breach of contract, fraud, deceptive trade practices and negligence.

I would never buy property without seeing it for myself. Hell, I wouldn't even spend $1,000 on a vehicle without taking it for a test drive first.

This guy set himself up for trouble.
 
brynaldo
2008-09-09 12:57:45 AM  
You can get disconnected from reality when super rich?
 
IAmRight
2008-09-09 1:00:00 AM  

brynaldo: You can get disconnected from reality when super rich?


reality IS different for the super-rich.
 
unbreakableblue
2008-09-09 1:00:29 AM  
Being super rich myself, I'm really getting a kick out of these replies.
 
cowsspinach
2008-09-09 1:00:35 AM  
Are rich people really this stupid?
 
daveydave
2008-09-09 1:00:37 AM  
He's too farking rich and busy to look at it. He got scammed on a deal.
 
dumpstergirl
2008-09-09 1:00:48 AM  

Psychotropic:

Tell me more about this walk through he should have done.


Well, if he was to put down 10 million dollars, and they didn't let him walk in and inspect the construction process whenever he damn well pleased, he should have known something was up. Seriously. You get more input on a 300k build-to-order cookie-cutter suburban subdivision home. You don't commission an apartment like that and not regularly check up on the process. What, was 53 million worth of property not worth his precious time?

Idiots, money, they will be parted.
 
Sid Deuces
2008-09-09 1:02:13 AM  
Psychotropic seems to know quite a bit about this.

Perhaps he could hook me up with a nice three bedroom on Central Park West?
 
Dr. Frisbee
2008-09-09 1:03:23 AM  
Well, I would think anybody smart enough to earn decent money would look at the place they plan to buy first.

If you spend $53 million for a place, I would think you could make an appointment, and fly a jet out to New York and look at it before plopping down that much dough.

Stupid buyer.

I still think it's a possibility the sellers may be liable for shady practices though. Those kind of things need to be stopped.
 
Joker you diabolical...
2008-09-09 1:04:18 AM  
How gauche.
 
lelio
2008-09-09 1:04:40 AM  
Why doesn't he just default on his fannie mae loan and let the taxpayers take care of it?
 
Psychotropic
2008-09-09 1:04:54 AM  
ksdanj: based on a video

The video was a CGI animation of what it was supposed to be like when it was done.
 
TooMuchToDo
2008-09-09 1:06:56 AM  

lelio: Why doesn't he just default on his fannie mae loan and let the taxpayers take care of it?


I'm going to be working at Fannie/Freddie shortly, so I'm getting a kick....

/welcome to a conservatorship
//i'll be one of your hosts
 
Cassata26
2008-09-09 1:09:50 AM  

Psychotropic: ksdanj: based on a video

The video was a CGI animation of what it was supposed to be like when it was done.


A lot of "new building" Apartments in NYC go by these means... you purchase at a reduced rate (sometimes) before it is even built yet. You save money but run the risk of it being a bit "different" than it originally was. In his apparent case according to Psychotropic, he saw a lot of videos and images to show what it will look like. If the final product and the original CGI videos/images are so different in nature and a jury sees and notices it too and thinks this guy got screwed, this guy will get his money back.
 
Devilboy666
2008-09-09 1:09:54 AM  
Um... that buyer is an idiot. What did he expect in NYC for a measly $50 mil?
 
bunner
2008-09-09 1:10:45 AM  
boo

f*ucking

hoo
 
letstakeawalk
2008-09-09 1:11:15 AM  
If I had that kind of money, I'd spend it on some farking green polar bears...
 
Now That's What I Call a Taco!
2008-09-09 1:14:46 AM  

Psychotropic: ksdanj: based on a video

The video was a CGI animation of what it was supposed to be like when it was done.


You have brought far too much useful information to this thread. You have not allowed people who have no idea what they are talking about bullshiat their way through post after post. Have you come from the future to destroy Fark? You must be stopped! SUMMON THE BAN HAMMER!
 
tuna fingers
2008-09-09 1:16:00 AM  
Dumbass.
Before I pay a 15 dollar hooker, I want to look at her teeth.
If she has any, I tell her to get the fark out.
Simple really.
 
What_Would_Jimi_Do
2008-09-09 1:16:04 AM  

bunner: boo

f*ucking

hoo


this
 
Gavino
2008-09-09 1:16:26 AM  
If you have to look at it, you can't afford it.
 
GeidiPrime
2008-09-09 1:17:40 AM  
He has far more money than I will ever have.
Therefore, I am happy that he stands to lose millions.


/My Schadenfreude. Let me show it to you.
//Class hatreds for the win!
 
WFern
2008-09-09 1:18:47 AM  

Damn You Farking Rich People: /Had to be the first for once...
//Not hotlinked because...
///...well, I don't know, now.


Don't sully my memory of Dr. Evil by comparing him to our president. IT ISN'T RIGHT.
 
Hooya
2008-09-09 1:20:12 AM  

WFern: Damn You Farking Rich People: /Had to be the first for once...
//Not hotlinked because...
///...well, I don't know, now.

Don't sully my memory of Dr. Evil by comparing him to our president. IT ISN'T RIGHT.


True, Bush ain't nearly smart enough to be compared to Dr. Evil (or his mini-me).
 
Nakito
2008-09-09 1:23:38 AM  
And by a remarkable coincidence, the buyer's disappointment coincides with a softening real estate market.
 
wwtsomifitsd
2008-09-09 1:24:30 AM  
farm2.static.flickr.comView Full Size

"106 chicks, man"
 
supernova903
2008-09-09 1:27:53 AM  
Welcome to America!

While you're waiting, feel free to enjoy these ads.

.
.
.
.
.
/shameless attempt
//suspects that this type of ad is what got some of the craigslist girls to this continent.
 
Oznog
2008-09-09 1:28:30 AM  
relative-dimensions.netView Full Size


Would not live in NY without a TARDIS for a housing situation.

... actually not sure how I could afford to park it in the 15 sq ft it needs. I bet a car parking space would cost more than my house payment here.

I can only imagine what would happen to NY if people starting moving in with TARDii by the tens of thousands (who wouldn't??)
 
Elminst
2008-09-09 1:29:08 AM  
30 million in "damages"??????!!!?!?!?!!

WTF for?
he did nothing but put 10 mil down. so they should give him back his money.
but what the hell else was damaged by his dumbassery?
 
jeffwashingdc
2008-09-09 1:30:02 AM  
Can pretty much tell that this guy wouldn't just risk blowing $53 million blind unless he had at least a few more million stashed somewhere.
 
hillarys strap on
2008-09-09 1:31:23 AM  
image.guardian.co.ukView Full Size
 
Joker you diabolical...
2008-09-09 1:32:23 AM  

Oznog: Would not live in NY without a TARDIS for a housing situation.

... actually not sure how I could afford to park it in the 15 sq ft it needs. I bet a car parking space would cost more than my house payment here.

I can only imagine what would happen to NY if people starting moving in with TARDii by the tens of thousands (who wouldn't??)


I'm pretty sure that if I had a TARDIS, I'd never see New York again, but that's me.
 
MentalMoment
2008-09-09 1:33:14 AM  
FTA: "My client was led to believe that it would receive one of the most luxurious apartments in New York history. It got far less than what it bargained for."

It?
 
d'art
2008-09-09 1:33:45 AM  

Psychotropic: The penthouse apartment is new construction on the roof of the Plaza hotel.
It was originally supposed to be 2 apartments. This buyer bought both before construction began and had it converted to one large apartment. He was required to put down a $10 million deposit before construction began. He's suing to get his deposit back plus money for being defrauded.
He purchased based on original plans and a detailed model. Changes were made without his approval. He was not allowed in to see the apartment until construction was completed.

Tell me more about this walk through he should have done.


There's a serious flaw in your logic. Can you spot it or should I tell it to you?
 
Savoir-Faire
2008-09-09 1:38:37 AM  

MentalMoment: FTA: "My client was led to believe that it would receive one of the most luxurious apartments in New York history. It got far less than what it bargained for."

It?


Corporations are not people and must be referred to as sexless entities. I'm guessing the dude was buying it through a shell corporation.

God knows if I'm buying a 53 million dollar place I'd be damn sure my future ex-wife has no claws in the joint.
 
ultraholland
2008-09-09 1:46:42 AM  
I don't care how lavish the place may be, you're an idiot if you pay $53M for any penthouse.
 
milk000
2008-09-09 1:47:43 AM  
images.nymag.comView Full Size
 
Drew Hates Boobies
2008-09-09 1:51:26 AM  
Was it John McCain?

/got nothin
 
Doc Batarang
2008-09-09 1:52:36 AM  

bunner: boo

f*ucking

hoo


THIS.
 
ultraholland
2008-09-09 1:53:59 AM  
The apartment's anonymous buyer, who made the purchase based on a video, is suing the hotel, developers El-Ad Properties and brokers Stribling & Associates for breach of contract, fraud, deceptive trade practices and negligence.


gawker.comView Full Size


This penthouse is mines!
 
skinned
2008-09-09 1:54:49 AM  
awww, muffin...
 
rubi_con_man
2008-09-09 1:54:53 AM  
How about we just require all us real estate owners to be ... US citizens, eh?
 
rubi_con_man
2008-09-09 1:56:27 AM  

Oznog: I can only imagine what would happen to NY if people starting moving in with TARDii by the tens of thousands (who wouldn't??)


Yes, if you own a house worth less than 250,000 then your house offcially costs less than a parking spot in Manhattan.
 
yarnothuntin
2008-09-09 1:57:51 AM  

Gavino: If you have to look at it, you can't afford it.


Seriously. I never even bothered to look at my Villa in Belize before I bought it. And my ranch in Wyoming- I've never been to yet but, they tell me it's nice.
 
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