Museum, Hotel, Apartments: FIFA Manages More Than Soccer

Photo

A 10-story building in Zurich will house the FIFA museum and, above that, luxury apartments where monthly rent will range from $3,000 to $8,000. The museum is scheduled to open on Sunday.

Credit
Pascal Mora for The New York Times

ZURICH — Luxury apartments, some with views of the Alps, are available in a new 10-story building here, with leases starting March 1. Tenants’ monthly rent payments — ranging from $3,000 to $8,000 — will go to an unusual landlord: a limited-liability company owned by FIFA, soccer’s global governing body.

Recently rocked by a sweeping corruption case that implicated top officials in bribery and kickback schemes, FIFA, a nonprofit organization, is getting into the residential real estate business.

The building will also house a soccer museum, which is scheduled to open on Sunday, two days after FIFA elects a new president to replace Sepp Blatter, the organization’s longtime leader who stepped down last year and is under…

Read Story

Translate »