The fast-selling condo project in Greenwich Village attracts international buyers, notably, Qatar's Government purchasing a $9.8 million apartment through a shell company, raising intrigue regarding its intended use.
Developed by Argo Real Estate and Bsafal, the 11-story building, still under construction, has gained attention for selling 24 of its 28 units within just 10 days in 2022.
While the precise use of the property by Qatar's representatives remains unclear, the nation adds this purchase to its extensive real estate investments across New York.
Despite initial estimates for completion in early 2024, current reports suggest the Greenwich Village project may finish later in the year due to pandemic-related delays.
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