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EXCLUSIVE: Joan Rivers’ $28m NYC penthouse was bought by Muhammad bin Fahd who is ‘ripping it to shreds’ as neighbors stand by in shock

2BA79F3000000578-3210589-Her_home_has_a_new_owner_Joan_Rivers_sold_her_NYC_penthouse_in_J-m-97_1440529032079Her home has a new owner: Joan Rivers sold her NYC penthouse in July for $28 million to a Middle Eastern prince; here she is pictured in June 2014, just three months before she died at the age of 81

  • Prince Fahd, 65, bought the Manhattan apartment, can reveal
  • He is having the penthouse completely renovated by top designers
  • The Upper East Side unit is 5,100 square feet with four bedrooms
  • The Saudi Arabian royal has also asked that a private elevator be installed
  • Comedienne Joan died at the age of 81 on September 4, 2014 

In July it was claimed Joan Rivers’ Upper East Side apartment in New York City had sold to ‘Middle Eastern royalty’ for $28 million.

Now can reveal exclusively the buyer is Muhammad bin Fahd, the son of the late King Fahd and the former governor of the Eastern Province of Saudi Arabia.

The 65-year-old prince has been remodeling the property – a 5,100-square-foot, four-bedroom penthouse – since the purchase, and neighbors are ‘shocked,’ according to an insider.

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2BA7B45300000578-3210589-He_bought_it_DailyMail_com_can_reveal_exclusively_the_buyer_is_M-a-106_1440529729479He bought it: can reveal exclusively the buyer is Muhammad bin Fahd, son of the late King Fahd, who died in 2005

‘Ever since Prince Fahd bought the home nearly two months ago, he has had designers and contractors in and out of the place,’ a source tells

‘He is ripping it to shreds. Everyone is surprised because the place had a certain French look, it was very specific, and one would think the buyer would be into that. And now he doesn’t want that.’

The property, which is only a half block from Central Park and walking distance to The Plaza, will look completely different from the way Rivers had it, said the insider.

Joan, who passed away in September 4, 2014 from a surgery gone wrong, decorated her home in an orate fashion.

There were crystal chandeliers, marble fireplaces and gilded walls.

The Louis XIV-inspired rooms – which include both a former ballroom and music room – have 23-foot ceilings and antique columns. The penthouse also boasts two large entertainment spaces, which can accommodate 125 people.

Joan once described the condo as ‘where Marie Antoinette would have lived if she had the money.’

‘The whole Palace Of Versailles thing is going,’ said the source. ‘It looks like all traces of Joan’s style will be erased.’

2BA7B95900000578-3210589-image-a-90_1440528666796This is not how it looks now: The 65-year-old prince has been remodeling the property – a 5,100-square-foot, four-bedroom penthouse – since the purchase, and neighbors are ‘shocked’



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