Real estate developer Ben Shaoul sells an apartment in a bitcoin payment

According to The Real Deal, Ben Shaoul, president of Magnum Real Estate Group, sold a retail apartment in the Upper East Side of Manhattan for $15.3 million in bitcoin. Magnum Real Estate Group converted property at 389 East 89th Street from a rental home to an apartment, and Shaoul sold 11,400 square feet (1,059 square meters) of space earlier this month. According to reports, the buyer is a Taiwanese company named Affluent Silver International LLC. In order to complete the transaction, both parties used BitPay and Starr.