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Indian Steel Magnate Selling Manhattan Condo – DIRT

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When a gaudy and luxurious condo on the 47th floor of New York’s 52-story Trump International Hotel & Tower changed owners in 2018 for $25 million, the seller was named Billionaire Japanese real estate developer Katsumi Tada and the buyer have been pegged as an unnamed member of the family of billionaire Indian steel magnate Lakshmi Mittal.

After a three-year intensive overhaul led by a Manhattan architectural firm, it now stands Hottenroth + Joseph, an approximately 6,300-square-foot two-unit combo condo has been radically reconfigured for a more modern lifestyle and refurbished into a more subtle, sophisticated and updated version of relaxed luxury. Airy in Lincoln Square, Douglas Elliman Realty Brokers and ‘Million Dollar Listing’ Stars Kirsten Jordan so $34.5 millionThe current Ask is heavily discounted from its original price of $39 million. Total taxes and common charges exceed $24,000 per month.

Thrown out in the renovation were Tada’s flamboyant flute-patterned black marble columns, gold-leaf doors, and mirror-polished polychrome marble floors. Their place is hand-applied European clay-based wall finishes, designer wallpaper, artisan door hardware, and European wooden chevron-patterned floorboards. Dumpsters included gaudy crimson and gold brocade wallpaper in the dining room, a Roman tub in the main bathroom, and a gaudy red toilet in one of the guest bathrooms. Now there are beautiful blond His oak paneling, acres of Italian marble, and gorgeous Belgian His wool window coverings.

The reconstruction was less dramatic. The most significant changes to the floor plan include the full integration of the two units into one (previously connected but each with its own kitchen and laundry room) and the addition of the larger unit’s It involves moving the separate kitchen from the west side of the apartment to the east side. , is the gourmet anchor to the spacious and wonderful rooms. Spacious, morning-lit space features chef-quality appliances housed in bespoke cabinets in the kitchen, expansive dining area, wine and coffee bar, and a humped (and ultra-trendy) bouclé. It incorporates a cozy lounge with a built-in sofa covered in . fabric. Elsewhere, there’s a 700-square-foot corner living room for grand entertaining and a more intimate library.

With floor-to-ceiling windows surrounding city, park, and river views to the east, south, and west, this residence features six bedrooms and six luxurious new bathrooms, plus two powder rooms. His one of the guest bedrooms has a corner living room with over 180 degree views, and the primary suite has plenty of its own dramatic views. Additionally, there are three closets and a five-star bathroom with an oval bathtub that faces the city. Background under the crystal chandelier. Behind the butler’s pantry and laundry room in the kitchen is a small staff bedroom and bath, and the condo’s over 15 closets have their own trunk-hi room, larger than most Manhattan kitchens.

For those feeling a little tighter, a 2,115-square-foot neighboring apartment is also on sale for just under $8 million.

DIRT cannot independently confirm which member of the Mittal family whose Manhattan apartment was allegedly purchased for a net worth of over $18 billion, but Lakshmi Mittal herself is known for her collection of trophy homes around the world. As of 2021, Mittal’s housing estate reportedly included a custom-built mansion along the street. New DelhiKensington Palace Gardens was acquired in 2004 from Formula 1 tycoon Bernie Ecclestone for around $128 million. Two very expensive Kensington Palace Gardens mansions were then acquired. One was for his daughter and the other was for his son, but he is reported to have at least sold them. Surreyas well as luxury homes on the outskirts of London, ScotlandIndonesia and the Caribbean.

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