Frank Fertitta Just Bought a 9,100 Sq Foot Apartment For 70 Million

BrazilianDude said:
People don't buy apartments in the US to live in?
Real question. Your question for me confused.
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People buy condos which are pretty much glorified apartments. The term apartment usually refers to something that's nowhere near as glamorous as these...!
 
RicardinhoPT said:
He was rich before he bought the UFC...
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Yes.
The family had a certain stature in the NV business/political community.
THEY could get a license to open a new casino, or for online gaming; these are things you or I would not be allowed to do.
Or we could try asking a NV senator to meet us for lunch, and see how that turns out.
Their dad was caught on an FBI wiretap talking about a skimming operation.

http://www.global-mma.com/t8544-proof-fertitta-family-is-100-yr-old-mafia-family-not-just-ties
 
Timurd123 said:
I doubt it dude

Everything that dies in a sense turns to something else, we will make fantastic worm food and maybe like that run up the food chain

But consciousness is a part of our brain, it unfortunately dies with it
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You don't believe in souls and spirits and stuff like that? Because i believe there is an afterlife but it's not like life here on earth. It's just conscienceness. Just to think we are all a bunch of meat bags and life has no meaning and once we die we cease to exist. That fucking sucks shit! What kind of sick and demented creator would we have if that were true? Sorry to get deep on this one. As a student of mathematics it makes no sense. It's like zero equation leading to something other than zero. I can't wrap my mind around it. Fuck it, I guess we are all gonna find out someday. Some say far far away. If there is something great! If not. Who cares. We won't feel it anyway. Lol. But I hope there is. I like reincarnation ideas. Come back as a bald eagle.
 
FrankieNYC said:
Here is the building

http://www.520parkavenue.com/
520parkavenue-balcony-west.jpg

the-tower.jpg


It is not even finished yet
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seems like a bad idea, post 9-11

I don't know why a wealthy person would want to live that close to other people. Lack of privacy and potential fire risk from someone else's mistake. I'd rather get something on it's own space like what Tom Brady got for 20 mil. Much nicer.
GISELE-TOM-BRADY-HOUSE.jpg
 
7th said:
seems like a bad idea, post 9-11

I don't know why a wealthy person would want to live that close to other people. Lack of privacy and potential fire risk from someone else's mistake. I'd rather get something on it's own space like what Tom Brady got for 20 mil. Much nicer.
GISELE-TOM-BRADY-HOUSE.jpg
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This is surely an investment property, the cheapest that place will be, minus a temp real estate market crash or scandal, will be the pre-construction price. Hard to believe, but even a billionaire like him wants more.
 
FrankieNYC said:
What does one have to do with the other?
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He sunk 70 million into an apartment. NFL franchises are approaching $2Billion. Since he won't be getting an NFL franchise he doesn't need to hold on to his cash.
 
70M for a place where you are living with hundreds of other people like a kid going to his first day of college + a place that is a one minute walk from a homeless guy pissing on the corner. But hey, people love NYC for some unknown reason. I don't get it at all but more power to him.
 
mma_genius said:
He sunk 70 million into an apartment. NFL franchises are approaching $2Billion. Since he won't be getting an NFL franchise he doesn't need to hold on to his cash.
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One has nothing to do with the other
There are financing, minority partners, etc
 
mma_genius said:
You don't "finance" an NFL franchise. Cash only, with partners perhaps, but no financing.
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Financing is the act of providing funds for business activities, making purchases or investing. Financial institutions and banks are in the business of financing as they provide capital to businesses, consumers and investors to help them achieve their goals.

He could finance the residence or get financing to put up his share of a bid for an NFL team

You are not getting it
Again - ONE HAS NOTHING TO DO WITH THE OTHER
 
ClosetVitorFan said:
You don't believe in souls and spirits and stuff like that? Because i believe there is an afterlife but it's not like life here on earth. It's just conscienceness. Just to think we are all a bunch of meat bags and life has no meaning and once we die we cease to exist. That fucking sucks shit! What kind of sick and demented creator would we have if that were true? Sorry to get deep on this one. As a student of mathematics it makes no sense. It's like zero equation leading to something other than zero. I can't wrap my mind around it. Fuck it, I guess we are all gonna find out someday. Some say far far away. If there is something great! If not. Who cares. We won't feel it anyway. Lol. But I hope there is. I like reincarnation ideas. Come back as a bald eagle.
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Do you remember what it was like before you were born?
 
Dionysian said:
70M for a place where you are living with hundreds of other people like a kid going to his first day of college
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Yeah, nothing like a NINE THOUSAND SQUARE FOOT dorm room.
 
7th said:
seems like a bad idea, post 9-11

I don't know why a wealthy person would want to live that close to other people. Lack of privacy and potential fire risk from someone else's mistake. I'd rather get something on it's own space like what Tom Brady got for 20 mil. Much nicer.
GISELE-TOM-BRADY-HOUSE.jpg
Click to expand...
Jesus, that's just 20 million?
 
kiley_sean said:
I've always assumed it was to be closer to most high-paying jobs in the country.

I guess I'm not a city guy. Why would you want to share a building with other people? My main fear, when I think about living in those high-rise apartments, is a fire breaking, trapping you upstairs.

That said...2/10....would not domicile.
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Thats not why most move to NYC. Most move because it offers a unique city life style that really isn't duplicated anywhere else in the world except for maybe somewhere like Tokyo. You or most people don't have to like it, most can even hate it. It's not relevant if 90+% of the world's population hates NYC. Theres 7 billion people on the planet so only a very small percentage of those 7 billion need to like it in order to fill up the demand of living there. Thats why it costs so much to live there. Its not duplicated anywhere else. If you live in some generic suburb then you don't have to worry about supply and demand because the world is littered with generic suburbs with strip malls. But if there were only a few suburbs on the planet then the prices would be astronomical.
 
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