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Time Warner Buyer Revealed, Foreclosed at Trump Int'l

cityfile · 07/06/09 10:29AM

• The buyer who paid $37 million for Gerhard Andlinger's penthouse at the Time Warner Center—setting the record as the biggest real estate deal in 2009 thus far—has been revealed. It's Andrei Vavilov, the Russian financier who agreed to buy two penthouses at the Plaza last year for $53.5 million, but ended up suing the developer after his wife wasn't pleased with the "attic-like" ceilings. (As part of a settlement, Valvilov agreed to purchase just one of the two apartments, and he's since gone into contract to sell it.) Hopefully, Vavilov's wife is happier with her husband's latest acquisition. The full-floor, five-bedroom penthouse on the 78th floor encompasses 8,300 square feet and comes with 14-foot ceilings. [NYT]