$100 M. Real Estate Deal for Is-US Duo

This post first appeared in The Times of Israel.

Tal (left) and Oren Alexander just brokered a record $100-million real estate deal, a Manhattan townhouse bought by their clients, the state of Qatar. (photo credit: Courtesy Oren Alexander website)

Tal (left) and Oren Alexander just brokered a record $100-million real estate deal, a Manhattan townhouse bought by their clients, the state of Qatar. (photo credit: Courtesy Oren Alexander website)

Israel and Qatar may — or may not — have diplomatic relations, but some Israelis and Qataris are working together to their mutual benefit. Case in point: Oren and Tal Alexander, young realtors to the über-rich (and sometimes famous), are representing the Qatari government in a record-breaking New York real estate transaction.

The New York Post reported on January 30 that Qatar is in contract to buy an Upper East Side property for $100 million, the highest price ever paid for a commercial-use townhouse in Manhattan. (The highest price forked over for a residential townhouse is $53 million.) The Alexanders’ client plans on converting the townhouse, currently used as an art gallery, into a consulate. The deal is set to close in April.

Click here to read more.

© 2014 Renee Ghert-Zand. All rights reserved.

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