Closed captioning of: College student owns $88 million mansion
back now at 7:43 with the other end of the
. while you might be struggling to pay your mortgage young foreigners are busy scooping up some of the most expensive homes in this country. nbc's
melvin is on new
upper west side
with more on this story. good morning,
good morning to you, ann. it's the kind of story that makes the 99% cringe. this is 15
central park west
, one of the most exclusive addresses in the most expensive condo. with so many struggling to pay rents and mortgages a
just bought it and it will not even be her primary residence. it's a sweeping view that's breathtaking and record breaking. for the new, young own ter's just a part-time pad. the ten-room penthouse graced the cover of "
" magazine just last year. it sits atop what is considered the most expensive building in all of new
. outside a wrap-around terrace overlooking
. inside, guests can tour the
. but those guests could be college students. that's because according to "forbes" magazine the new owner is the 22-year-old daughter of a russian billionaire. she is studying at an undisclosed college in
, but she is a resident of monaco. price tag for her new part-time place? $88 million, all paid for by daddy.
the trend right now is you're seeing a lot of money come from overseas to purchase these super
properties. it's a great investment for them and a lot of people think it's safer than the
katarina's father also bought this 33,000
florida estate from
. he paid the donald $95 million in cash. he may reportedly lose it though in an ugly divorce battle that could cost him half his worth. but the new
penthouse should be safe. it's in katarina's name. just last year british heirs and socialite used trust money from her dad to buy herself a multimillion dollar part-time home. it was this 57,000
built by the famous
. tory spelling once lived here. there is a
and a rumor her mom candy. at the time it was the most expensive house in
. petra doesn't live in hers full-time either. she calls london home.
is on sale. okay? to these people overseas, it's a great buy.
former citigroup ceo sanford wile owned this penthouse and says he plans on donating the proceeds to charity. ann?
that is one positive note in all this.