Quote of the week: What does a Russian billionaire want with New York's priciest apartment?

Quote of the week: What does a Russian billionaire want with New York's priciest apartment?
Jonathan ChancellorMarch 15, 2012

- lawyer David Newman points out.

He’s representing the estranged wife of billionaire Dmitry Rybolovlev — who made headlines earlier this year when he paid a record $88 million for a 6,700-square-foot New York pad for his daughter at 15 Central Park West.

The estranged wife says the Russian fertilizer king was not being accurate when claiming the apartment was for their daughter Ekaterina to live in while she attends school in New York.

“She does not attend school in New York,” Elena Rybolovleva said in papers filed yesterday in Manhattan Supreme Court. And if she did, said David Newman, she would stay in slightly more modest digs.

In the lawsuit her attorneys allege that Rybolovlev “fraudulently transferred property acquired during his marriage… in violation of a Swiss court order to his own personal use.”

 

 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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