Vlad Doronin, founder of OKO Group, bought the Aman New York penthouse for $135 million, making it the highest residential sale in NYC this year. This was lower than the rumored $180 million price, attributed to the unit being unfinished. Doronin’s purchase highlights a common developer tactic: inflating initial prices to attract attention. Similar practices have been seen with other developers, like Extell’s Gary Barnett and the Trump Organization, who have faced scrutiny for exaggerating prices or sales figures. Despite these tactics, developers generally avoid outright fraud due to the risks of legal consequences.
Vlad Doronin
