Japanese billionaire's daughter with ties to President Trump, Empire State Building buys Hawaii property

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The daughter of the late Japanese billionaire Hideki Yokoi, who has ties to President Donald Trump and one of New York City’s most famous landmarks - the Empire State Building - has recently purchased a residential unit at the ultra-luxury Park Lane Ala Moana condominium in Honolulu, public records show.

KNR Park Lane LLC, which is managed by Kiiko Nakahara-Renoir, paid $8.8 million for the 3,353-square-foot, 3-bedroom, 3.5-bathroom unit, which has sweeping views of the ocean and is built atop Hawaii’s largest shopping mall, Ala Moana Center. Built a few years ago, it is known as one of the most luxurious condo projects ever built in Hawaii.

The Park Lane unit has a total assessed value of about $6.5 million and was developed by Honolulu’s Kobayashi Group, The MacNaughton Group and General Growth Properties, the former owner of the Honolulu mall. Interestingly, Park Lane Ala Moana was named after New York’s famed Park Avenue.

According to a 1999 article in The Wall Street Journal, Nakahara-Renoir and her husband Jean-Paul Renoir “essentially stole the 102-story [Empire State Building] from Yokoi after he purchased it for $40 million in 1991.”

The WSJ article goes on to say that Trump once negotiated a deal with Nakahara-Renoir that gave the President 50% of any value he could add to the skyscraper.

The tall tale is well-documented in the 2001 book, “Empire: A Tale of Obsession, Betrayal, and the Battle for an American Icon.”

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