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Olivia Dunne is not allowed to purchase the former home of Babe Ruth in New York City. Her application was rejected.
The co-op board ultimately decided that she was not the right fit.
Dunne, who recently exhausted her college gymnastics eligibility at LSU, decided to buy her first piece of real estate. The girlfriend of Paul Skenes is going to buy an apartment and/or condo in the city that never sleeps. Her eyes were set on one property in particular but she will have to go back to the drawing board.
According to Dunne, her plan was to purchase a historic co-op at 345 W 88th Street on the Upper West Side. In New York City, a co-op (short for cooperative) is a form of housing where the resident does not own the individual apartment outright. The owner instead purchases shares in a corporation that owns the entire building. It is not uncommon in the Big Apple.
This specific unit on W 88th is located just a few steps from the Hudson River, five blocks from Central Park. It features three bedrooms and two and a half bathrooms over approximately 1,500 square feet and comes with an incredible backstory.
Built in 1915, the prewar apartment was once the primary residence of Babe Ruth! The Sultan of Swat lived in this specific unit for the last decade of his legendary baseball career with the New York Yankees. You can get a peek at the property through its listing on Zillow. It is listed at a price of $1,595,000 with an HOA fee of $4,262 per month.
Olivia Dunne has money like that! She was going to pay cash.
However, the 22-year-old will not be allowed to buy the historic apartment despite her best attempt to do so. Finances were not the issue. Her background check cleared.
The co-op board voted against the purchase. It decided to reject Dunne’s application.
This is well within the rights of the board. It might’ve decided against the purchase for a variety of different reasons. I would guess the board didn’t want to deal with her status.
Whatever the reason, Olivia Dunne will not buy Babe Ruth’s apartment in New York City. Onto the next.
The post Olivia Dunne Got REJECTED From Buying Babe Ruth’s New York City Apartment For $1.6 Million With Cash In Hand appeared first on BroBible.