NBA Star Shaquille O'Neal Puts up 33-Storey Apartment in Newark, USA Worth $190 Million, Lovely to See

• The 2.16-meter tall, former basketball player, Shaquille O'Neal, has developed a 33-storey apartment to provide accommodation for residents in the neighbourhood
• He attended an event at the site as a "topping off" ceremony to mark the near completion of the building
• The former basketball player is known for being a philanthropist who gives back to his community in any way he can

Shaquille O'Neal is in the news for all the right reasons. He is building a 33-storey apartment in Newark, the USA, called "777 McCarter" to provide accommodation for people in the neighbourhood.

The building will consist of 370 studio apartments and one and 2-bedroom apartments, where 20% of the units will be set aside as affordable units, which is mandated by the city. These units will be placed aside for families earning up to 50% of the median income in the region.

Read also

The difference between Ghana's $300 million National Cathedral and Tyler Perry's $250 million studio

The idea is to rent out the remaining units at the standard market rate, estimated to be between $2,000 to $3,000 per month, depending on the number of bedrooms.

The topping-off ceremony held for the 777 McCarter building meant that the fundamental structure of the building had been completed through to the 33rd floor. However, construction is projected to last another ten months before tenants start moving in the following year.

Check out a video of Shaquille speaking at the event below.

Shaquille O'Neal may be the brain behind the project, but it is financed by Goldman Sachs, CitiBank, and Prudential Financial.

It will not be the first time Shaquille O'Nealhase has done something this spectacular. In 2019, he partnered with a real estate company to build an $80 million luxury apartment building with 22 floors.

Read also

Young Ghanaian couple pay GH₵36k for rent only to realize it's for a different person

3 Ways of Finding Out if Someone Died in a House For Sale That One is Considering Buying

In an earlier article, YEN.com.gh wrote about how people can find out if someone died in a house they intend to buy. The Ghanaian society takes matters relating to spirituality very seriously and is very particular about knowing the circumstances surrounding someone's death and performing the appropriate funeral rites.

Source: YEN.com.gh