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		<title>Qatar Prime Minister Wants Manhattan&#8217;s $100 Million Penthouse: Report</title>
		<link>http://www.inquisitr.com/267838/qatar-prime-minister-wants-manhattans-100-million-penthouse-report/</link>
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		<pubDate>Mon, 02 Jul 2012 19:26:20 +0000</pubDate>
		<dc:creator>Robert Jonathan</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Manhattan real estate]]></category>
		<category><![CDATA[NYC most expensive condo]]></category>
		<category><![CDATA[One57 penthouse]]></category>
		<category><![CDATA[Qatar prime minister]]></category>
		<category><![CDATA[Qatar Royal Family]]></category>
		<category><![CDATA[Sheik Hamad bin Jassim bin Jaber al-Thani]]></category>

		<guid isPermaLink="false">http://www.inquisitr.com/?p=267838</guid>
		<description><![CDATA[<br />Unlike most U.S. residents dealing with the affects of the housing bubble in a terrible&#160; economy, the prime minister of oil-rich Qatar has no worries when it comes to real estate:&#160; He apparently wants to buy New York City&#8217;s most expensive penthouse condominium. Presumably he plans to spend a lot of time in the Big [...]<p><a href="http://www.inquisitr.com/267838/qatar-prime-minister-wants-manhattans-100-million-penthouse-report/">Qatar Prime Minister Wants Manhattan&#8217;s $100 Million Penthouse: Report</a> is a post from: <a href="http://www.inquisitr.com">The Inquisitr</a></p>
<br /><br /><br />]]></description>
				<content:encoded><![CDATA[<p><a href="http://www.inquisitr.com/267838/qatar-prime-minister-wants-manhattans-100-million-penthouse-report/hamad-bin-jassim-qatar-prime-minister/" rel="attachment wp-att-267867"><img class="aligncenter size-full wp-image-267867" title="Hamad Bin Jassim Qatar Prime Minister" src="http://www.inquisitr.com/wp-content/uploads/2012/07/Hamad-Bin-Jassim-Qatar-Prime-Minister.png" alt="Hamad Bin Jassim Qatar Prime Minister" width="475" height="275" /></a></p>
<p>Unlike most U.S. residents dealing with the affects of the housing bubble in <a href="http://www.inquisitr.com/250917/barack-obama-backpedals-from-the-private-sector-is-doing-fine-comments/" target="_blank">a terrible&nbsp; economy</a>, the prime minister of oil-rich <a href="http://www.inquisitr.com/190290/qatar-royal-family-buys-the-card-players-painting-for-250-million/" target="_blank">Qatar</a> has no worries when it comes to real estate:&nbsp; He apparently wants to buy New York City&#8217;s most expensive penthouse condominium.</p>
<p>Presumably he plans to spend a lot of time in the Big Apple.</p>
<p>The two-story, 11,000 square foot&nbsp; condo on top of the&nbsp; &#8220;One57&#8243; building that Sheik Hamad bin Jassim bin Jaber al-Thani plans to purchase for about $100 million&nbsp; is located across the street from Carnegie Hall concert venue in midtown Manhattan on West 57th Street.</p>
<p>The <a href="http://www.nypost.com/f/print/news/local/manhattan/sheik_up_at_co_op_rbciiRmDnZL5vRq3MGVZZM" target="_blank">New York Post</a> has the details:</p>
<blockquote><p>The stunning duplex penthouse features a “grand salon,” a large mezzanine, four fireplaces, floor-to-ceiling windows, at least five bedrooms, and motorized window shades, Realtors said.</p></blockquote>
<p>The prime minister is also negotiating for four other condos in building, which could cause the property acquisition to total $250 million. Imagine the real estate commission on that sale. He also owns one of the world&#8217;s largest super yachts.</p>
<p>The sheik has been primer minister since 2007, and prior to that he served as Qatar&#8217;s foreign minister. He has two wives and 15 children, and a large staff accompanies him as part of his official duties, so he&#8217;s obviously looking for more than just a fixer-upper or a studio apartment.</p>
<p>According to <a href="http://www.forbes.com/sites/bethgreenfield/2012/02/22/the-worlds-richest-countries/" target="_blank">Forbes</a>, Qatar is the world&#8217;s weathiest country:</p>
<blockquote><p>The Persian Gulf emirate of 1.7 million people ranks as the world’s richest country per capita thanks to a rebound in oil prices and its massive natural gas reserves. Adjusted for purchasing power, Qatar booked an estimated gross domestic product per capita of more than $88,000 for 2010.</p></blockquote>
<p>Qatar has not yet made an official statement about the media report.</p>
<p>[image credit: <a href="http://en.wikipedia.org/wiki/File:Hamad_Bin_Jassim.png" target="_blank">World Economic Forum</a>]</p>



<p><a href="http://www.inquisitr.com/267838/qatar-prime-minister-wants-manhattans-100-million-penthouse-report/">Qatar Prime Minister Wants Manhattan&#8217;s $100 Million Penthouse: Report</a> is a post from: <a href="http://www.inquisitr.com">The Inquisitr</a></p>
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