{"id":225870,"date":"2025-09-14T09:56:14","date_gmt":"2025-09-14T09:56:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/225870\/"},"modified":"2025-09-14T09:56:14","modified_gmt":"2025-09-14T09:56:14","slug":"mukesh-ambani-buys-tech-billionaires-building-in-new-york-city-for-this-staggering-sum","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/225870\/","title":{"rendered":"Mukesh Ambani buys tech billionaire\u2019s building in New York City for this staggering sum"},"content":{"rendered":"\n

Mukesh Ambani has reportedly bought a building in New York City\u2019s Tribeca neighborhood. The purchase comes two years after the Reliance billionaire sold his two-bedroom condo in downtown NYC for $9 million.<\/p>\n

\"Reliance Reliance Industries Chairman Mukesh Ambani and Reliance Foundation founder and chairperson Nita Ambani at a private reception ahead of President-elect Donald Trump’s swearing-in.(PTI) <\/p>\n

Mukesh Ambani, India\u2019s richest man, paid $17.4 million for the Tribeca building, the RealDeal reported<\/a>. The building at 11 Hubert Street in Tribeca had been sitting vacant for 10 years, although previous owners had ambitious plans of converting it into a single-family mansion.<\/p>\n

In August 2023, Ambani sold his $9 million residence in Manhattan\u2019s West Village, according to a New York Post report<\/a>. The apartment, with two bedrooms, overlooked the Hudson river. <\/p>\n

Who was the seller?<\/p>\n

Now, RIL USA, the US arm of Reliance Industries Limited, has acquired the property for a little less than what tech billionaire Robert Pera paid for it in 2018. Pera, chairman and CEO of Ubiquiti, had bought the building for about $20 million in 2018, according to a Curbed report<\/a>.<\/p>\n

After the purchase, Pera, 47, hired architect Eric Cobb, who submitted a plan for a 17,000-square-foot mansion in place of the industrial building. That mansion was never built.<\/p>\n

More about the Tribeca building<\/p>\n

In 2021, Pera listed the site and all the approved plans \u2013 including Cobb\u2019s and an older one from Maya Lin Studios \u2013 for $25 million.<\/p>\n

The listing<\/a> describes it as \u201can exceptionally rare offering for an end user to build a single family mansion in an A+ location in the heart of TriBeCa.\u201d<\/p>\n

Highlights of Cobb\u2019s plans include a full floor primary suite with adjacent workspace, an NBA-sized half basketball court, a double height living room with courtyard access, a formal dining room with a bar and much more.<\/p>\n

The design from Maya Lin, on the other hand, imagines a 20,000-square-foot megamansion with seven bedrooms, an additional 5,000 square feet of outdoor space, a half-Olympic swimming pool and a breakfast room, among other amenities.<\/p>\n","protected":false},"excerpt":{"rendered":"Mukesh Ambani has reportedly bought a building in New York City\u2019s Tribeca neighborhood. The purchase comes two years…\n","protected":false},"author":3,"featured_media":225871,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,122179,117569,405,403,5226,5225,5228,5227,122178,79230,67,586,132,5230,68,2969],"class_list":{"0":"post-225870","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-billionaire-real-estate-purchase","10":"tag-mukesh-ambani","11":"tag-new-york","12":"tag-new-york-city","13":"tag-newyork","14":"tag-newyorkcity","15":"tag-ny","16":"tag-nyc","17":"tag-reliance-industries-limited","18":"tag-tribeca-neighborhood","19":"tag-united-states","20":"tag-united-states-of-america","21":"tag-unitedstates","22":"tag-unitedstatesofamerica","23":"tag-us","24":"tag-usa"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/225870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=225870"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/225870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/225871"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=225870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=225870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=225870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}