Trump Tower apartment right below the president hits the market for $25M

Posted On Fri, August 17, 2018 By

Posted On Fri, August 17, 2018 By In Celebrities, Cool Listings, Midtown East

Photo of Trump via Michael Vadon on Flickr

You don’t need a security clearance to live below the President, but it might still be a challenge for whomever wants to buy the condo right below Donald Trump‘s Midtown residence. The Post reports that the duplex unit on the 64th and 65th floors of Trump Tower has just hit the market for $24.5 million and sources are saying it “directly adjoins” his bedroom. So how can the administration legally control the buyer? By convincing the condo Board to exercise a board waiver and buy the apartment themselves, according to the Post. And this may just work; a recent Business Insider investigation into a mysterious $1.5 million apartment Melania bought in the building shows that this was the only unit the Board had ever bought.

721 Fifth Avenue, Trump Tower, Dolly Lenz Real Estate, Donald Trump neighbor

721 Fifth Avenue, Trump Tower, Dolly Lenz Real Estate, Donald Trump neighbor

The Trump Tower unit is currently owned by Oklahoma billionaire Jeff Records, head of MidFirst Bank and part-owner of the NBA’s Oklahoma City Thunder. If the Board were not to intervene on the sale, another option would be for the country itself to buy it “for security reasons,” according to the Post’s source, who added, “It is possible the board could make a potential buyer’s life hard by demanding FBI checks or extra paperwork, hoping to chase away the buyer.”

721 Fifth Avenue, Trump Tower, Dolly Lenz Real Estate, Donald Trump neighbor

The home spans 6,144 square feet across the entire southern side of the building and has five bedrooms, five-and-a-half bathrooms, and floor-to-ceiling windows with views of everything from the Empire State Building and the AT&T Building to the downtown skyline. Fortunately (we assume), it does not share any of the gilded opulence of Trump’s upstairs pad.

[Via NYP]

[Listing: 721 Fifth Avenue, 64/65AB by Dolly Lenz Real Estate]

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All listing images courtesy of Dolly Lenz Real Estate

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Neighborhoods : Midtown East

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