Melbourne crypto king splashes $70 million on New York home

Bijan Tehrani, a Melbourne-based entrepreneur known for his crypto casino business, has acquired an iconic New York townhouse for more than $70 million.

The property, previously owned by the famed American banker David Rockefeller, is a five-storey architectural marvel in Manhattan, constructed in 1924.

According to, Tehrani, aged 30 and co-founder of, shelled out $72.9 million (US$47 million) for the exquisite home.

The townhouse, recognised as one of New York City’s most prestigious, boasts eight bedrooms and 12 bathrooms, set in a Colonial Revival style.

Its interior features include elegant sitting rooms, a spacious drawing room, a large dining area overlooking an English garden, a vast kitchen, and two service kitchens.

A highlight of the property is its skylit spiral staircase.

Adding to its allure are the expansive outdoor spaces, including front and backyard gardens, a first-floor terrace, and a rooftop patio with a fire pit and outdoor dining area.

The house also features a golf simulator, a gym, and an elevator connecting all floors.

Notably, the property is fortified with high-security measures like ballistic windows and walls, safe room bedrooms, and an extensive camera surveillance.

The townhouse remained under Rockefeller’s ownership for seven decades until its 2018 sale for $31 million (US$20 million) to a former adviser of US President Bill Clinton.

Tehrani’s purchase sets a record for the most expensive townhouse sold in Manhattan this year., where Tehrani is a major player, has risen to prominence as the world’s largest crypto casino.

This acquisition places Tehrani in the upper echelons of real estate, alongside his business partner Ed Craven.

Craven himself made news in August 2022 when he paid more than $80 million for an unfinished mansion in Toorak.

In January, Craven and Tehrani announced a significant $140 million sponsorship deal through with the Formula 1 team, Alfa Romeo, covering three years.

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