Houston Rockets: Rockets Owner Les Alexander drops $42 Million on New York Condo

By Phillip Pyle

Houston Rockets owner Les Alexander at 2013 NBA All-Star Weekend

The owner of the Houston Rockets Les Alexander is no stranger to the phrase ” it’s mine I spend it”. When he was looking to repeat the glory of the Rockets championship years he spared no expense in signing Scottie Pippen, and Charles Barkley. This year he went all out in getting Dwight Howard to sign with the Rockets. When it comes to homes he aslo spares no expense, Alexander has paid $42 million for a duplex penthouse in New York City’s Gramercy Park. A purchase that has made records in real estate prices and represents the highest sale price in downtown Manhattan, according to the Wall Street Journal. 

The condo has 6,330 square feet of interior space with five bedrooms and 5½ baths, a library and gallery. Wonder if the team will get to stop by when playing the New York Knicks, or Brooklyn Nets.

There are four terraces taking up 1,889 square feet of space, one of which faces Gramercy Park with views of the Chrysler building. The luxury home has an outdoor infinity pool with a sun deck on one terrace and a heated whirlpool on another.

Alexander, 70, who was valued at around $1.2 billion, would have put a down payment of around $8,400,000 on the condo, with a monthly installment of $194,681, including his mortgage, according to the real estate listing on streeteasy.com.

In 2006 it was revealed that Alexander was amongst the 400 richest people in the US.

Here are a few pics of the interior: