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HOUSE OF THE DAY: A Russian Royal Is Selling Her Lincoln Center Condo For $8 Million

Kristina Kovalenko may not have political power as the princess of a tiny Russian republic, but she certainly knows how to turn a profit on NYC real estate. The royal purchased her Liberty Lofts condo in August of 2009 for $4.2 million, and after three years of living in her luxurious penthouse is now flipping the home for $8 million, according to a report in The New York Observer.

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