Mukesh Ambani Buys Tribeca Building — NYC Mansion News
Mukesh Ambani, through a Reliance Industries (RIL) affiliate, has reportedly purchased a five-story Tribeca property at 11 Hubert Street in New York City. The transaction was reported at approximately USD 17.4 million. The building had previously been owned by tech entrepreneur Robert Pera and remained vacant for several years while different design proposals were considered.
Key points
- Buyer: RIL / Mukesh Ambani (via RIL USA affiliate).
- Property: 11 Hubert Street, Tribeca — a red-brick townhouse / brownstone footprint with multiple approved design proposals historically.
- Reported price: USD 17.4 million (approx. ₹150–153 crore as reported by Indian outlets).
- Previous owner: Robert Pera (tech entrepreneur).
- Unknowns: Ambani’s intended use (private residence, renovation into a mansion, or other) has not been publicly confirmed.
Context: Tribeca is one of Manhattan’s most sought-after neighborhoods; purchases by global ultra-high-net-worth individuals often lead to high-profile renovations and publicity. Several earlier architectural proposals for the site were discussed in the press but not executed.
Sources / further reading:
• LiveMint — Mukesh Ambani buys building in New York’s Tribeca
• Financial Express — Report on purchase & price
Disclaimer: This is a short news summary for publishing purposes (15 Sep 2025). Confirm details with the primary sources before republishing; this is not legal or financial advice.
No comments:
Post a Comment