Vladimir Stolyarenko, a prominent Russian banker, has purchased two luxurious units in New York's Plaza Hotel for $21 million from billionaire Valery Kogan. The opulent residence, featuring extravagant elements like 24-karat gold and Venetian plaster, was initially priced at $50 million after the invasion of Ukraine. Stolyarenko and his wife also listed another Plaza unit for $10.49 million, sweetening the deal with a gift card incentive for brokers. Their real estate activities reflect a dynamic market impacted by broader geopolitical events.
Vladimir Stolyarenko purchased lavish Plaza units for $21 million, showcasing opulence with 24-karat gold and Venetian plaster, in a high-stakes real estate market dynamic.
Despite initially listing at $50 million post-Ukraine invasion, the ornate property was sold at a steep discount, reflecting market shifts and potential buyer hesitations.
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