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Inside the $70m New York home bought a 30-year-old Melbourne-based crypto king

Melbourne-based cryptocurrency casino entrepreneur Bijan Tehrani has shelled out an eye-watering amount for one of New York’s trophy homes. See the pictures.

Melbourne cryptocurrency entrepreneur Bijan Tehrani has bought a New York home for more than $(AU)70m. Picture: Modlin Group/Instagram
Melbourne cryptocurrency entrepreneur Bijan Tehrani has bought a New York home for more than $(AU)70m. Picture: Modlin Group/Instagram

Melbourne-based cryptocurrency casino entrepreneur Bijan Tehrani has swooped on one of New York’s trophy homes, forking out more than $70m (AU) for the property once owned by legendary American banker David Rockefeller.

At an age were many people are still renting, Tehrani is taking the keys to a home rife with links to American business and political history.

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

Melbourne-based cryptocurrency casino entrepreneur Bijan Tehrani has paid more than $(AU)70 million for a New York home. Picture: Modlin Group/Instagram
Melbourne-based cryptocurrency casino entrepreneur Bijan Tehrani has paid more than $(AU)70 million for a New York home. Picture: Modlin Group/Instagram
The property is described as “one of the finest townhouses” in New York City. Picture: Modlin Group/Instagram
The property is described as “one of the finest townhouses” in New York City. Picture: Modlin Group/Instagram

The property, described in its listing 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.

Founders of online gambling site www.stake.com, Ed Craven and Bijan Tehrani. Picture: TWAM/Julian Kingma
Founders of online gambling site www.stake.com, Ed Craven and Bijan Tehrani. Picture: TWAM/Julian Kingma
The home was owned by Rockefeller for 70 years and then Bill Clinton’s former adviser. Picture: Modlin Group/Instagram
The home was owned by Rockefeller for 70 years and then Bill Clinton’s former adviser. Picture: Modlin Group/Instagram

The home was owned by Rockefeller for 70 years before it was sold in 2018 for $(AU)31m ($20m US) 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.

The house was once owned by legendary American banker David Rockefeller. Picture: Modlin Group/Instagram
The house was once owned by legendary American banker David Rockefeller. Picture: Modlin Group/Instagram
Bijan Tehrani co-founded online gaming site Stake.com with Ed Craven. Picture: Modlin Group/Instagram
Bijan Tehrani co-founded online gaming site Stake.com with Ed Craven. Picture: Modlin Group/Instagram

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.

Original URL: https://www.heraldsun.com.au/entertainment/fiona-byrne/inside-the-70m-new-york-home-bought-a-30yearold-melbournebased-crypto-king/news-story/2a2af2a22aad1bfe682d757bff2e5f4f