Stake.com co-founder Bijan Tehranis $70 million home

Melbourne-based crypto casino entrepreneur Bijan Tehrani has bought one of New York’s finest homes, forking out more than A$70m for the property once owned by legendary American banker David Rockefeller.

The Wall Street Journal first reported that the 30-year old, who co-founded online gaming site Stake.com with Melbourne’s Ed Craven, has paid $72.9m (US$47m) for the five storey, eight-bedroom, 12 bathroom Colonial Revival masterpiece that was built in Manhattan in 1924.

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The property, described as “one of the finest townhouses in New York City”, features elegant sitting rooms, an expansive drawing room, large dining room overlooking an English garden, vast kitchen, two service kitchens, a skylit spiral centre staircase and eight fireplaces.

There are also front and backyard gardens, a first-floor terrace, a rooftop patio with a fire pit and al fresco dining area, a golf simulator room, a gym, and an elevator connecting all five floors.

Other selling points include security features such as ballistic (bulletproof) windows and walls, safe room bedrooms, and cameras throughout the home.

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The home was owned by Rockefeller for 70 years before it was sold in 2018 for A$31m US$20m to a former adviser to US President Bill Clinton.

The sale to Tehrani, who while he lives in Melbourne is American, makes it the most-expensive townhouse sold in Manhattan this year.

A billion dollar business, Stake.com is known as the biggest crypto casino in the world.

The Rockerfeller mansion buy has now put Tehrani into the real estate big league alongside his business partner Craven.

Craven hit the headlines in August 2022 when he paid $88m for a “ghost mansion” in Toorak. That buy came just months after he paid $38.5m for a home a few streets away.

In January, Craven and Tehrani, via Stake.com, inked a $140 million sponsorship deal to become the lead sponsor for Formula 1 team, Alfa Romeo. The deal covers a three-year period.

The Wall Street Journal first revealed Tehrani was behind the huge real estate purchase..

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Originally published as 30-year-old Melbourne-based crypto king buys $70m New York home

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