Imprisoned “Bill Gates of China” is buyer of $42M UES manse

From The Real Deal: A Chinese billionaire serving 14 years in prison for bribery and insider trading is the new owner of a $41.5 million Upper East Side mansion that sold earlier this week.

Huang Guangyu and his wife, Lisa Du Juan, bought the townhouse at 7 East 76th Street this week for just under $3,000 a foot, according to the New York Post. The seller was Japanese billionaire Bungo Shimada, as The Real Deal reported earlier this week. [more]