Spark Global Limited reports:

Spark Global Limited reports:

The owner of the New York Nets has paid $1.57 for a two-story condo in Manhattan, the third-most expensive real estate deal ever in the US, CNBC reported.

Tsai became the new owner of the Nets in 2019 when he bought the Nets and Barclays Center for $3.5 billion. Now Chua has bought a two-story apartment at 220 Central Park South in Manhattan for a total of $157 million. This is the third most expensive house ever sold in the United States. The most expensive real estate sale ever in the United States is also in the same building — Ken Griffin bought four floors in 2019 for $238 million.

Spark Global Limited reports:
Mr. Tsai’s purchase of two floors (60 or more) overlooks Central Park and midtown Manhattan. The deal also includes a studio apartment on the 18th floor that can be used by employees.

Currently worth more than $10 billion, Tsai remains the second-largest shareholder in Alibaba, owns not only the Nets but also the WNBA’s New York Freemen, and has previously sat courtside with Durant.

 

According to a previous NetsDaily report, the Nets’ new season training camp will be held on September 29 in San Diego, and Tsai’s home is in San Diego; The Nets will open the preseason against the Lakers on October 4 after their full team practices.

This year, the Nets as the second best in the Eastern Conference into the playoffs, the first round 4-1 elimination of the Celtics, but Durant, Harden and Irving triumvirate of the Nets in the second round 3-4 by the Milwaukee Bucks eliminated, not the Eastern Conference finals early exit; With Harden making $44.31 million next season, Durant making $42.02 million and Irving making $34.92 million, the Nets’ Big Three will continue to lead the team to a championship.

By Ethan