Mysteries of Life: NYC residential real estate $$. Oh, and this…

From 538 Significant Digits:

$83 million in New York City property

Companies linked to a rich Chinese oilman named Ye Jianming bought a 5,278-square-foot apartment in New York City on Central Park West for more than $50 million and a 4,028-square-foot place on Park Avenue for almost $33 million. (That’s a lot, even in this stupid city.) Even more gilded purchases were in the works. But then Ye disappeared. His whereabouts remain unknown. [The Wall Street Journal]

Is this a new pattern? Pay too much for an apartment in NYC and you disappear?

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