Owner of the Houston Rockets Lists Manhattan Penthouse for $49.75 Million

Leslie Alexander, the owner of the Houston Rockets, is putting his Manhattan penthouse on the market for $49.75 Million, just two years after purchasing it for $42 Million. A sprawling 6,300 square feet, this luxury duplex has four bedrooms, four terraces, a hot tub, a swimming pool, and a sun deck. Although selling the penthouse for a  projected profit of $7.75 million dollars in two years, Alexander claims he never planned to flip the home, but that he bought it with the "intention that he would be there a lot."

http://www.wsj.com/articles/houston-rockets-owner-leslie-alexander-lists-in-new-york-for-49-75-million-1430401880