Jho Low’s luxury New York condo sold at a discount for RM33 mil

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Low Taek Jho, better known as Jho Low, is accused of buying properties using money stolen from 1MDB.PETALING JAYA: A luxury condo unit in New York belonging to fugitive Low Taek Jho, better known as Jho Low, has been sold by the US government at a discounted rate. The two-bedroom, 16th-floor unit, on Prince Street — also known as Greene Street — was sold to an anonymous limited liability company for US$7.6 million (RM33 million), real estate portal The Real Deal reported. It said Low bought the home in 2014 for US$13.8 million. It was offered for US$9.9 million when first listed for sale last July and the price went down to US$8.5 million last month. Low’s properties bought in New York and California have been the subject of forfeiture lawsuits mounted by the US government, which accused him of buying them using money stolen from Malaysia’s sovereign wealth fund, 1MDB. In March, i…