A luxurious building in New York purchased by the Yugoslavian government in 1946, which also housed Yugoslavian leader Josip Broz Tito, was sold for approximately $50 million to an unknown London-based businessman, according to the specialized portal Mansion Global.
The mansion, located on Fifth Avenue, was recently occupied by the Permanent Mission of Serbia to the United Nations, and the sellers are a group of five European countries, Slovenia, Croatia, Bosnia and Herzegovina, Serbia, and North Macedonia, who inherited the property after Yugoslavia’s collapse in the 1990s and will now share the 50 million, according to the portal. “While being a communist, Tito had very good taste in real estate,” said Tristan Harper of Douglas Elliman, the company that organized the sale, referring to the building as the “crown jewel” of the former Yugoslavia immobilities portfolio.