India, Sept. 14 -- Mukesh Ambani has reportedly bought a building in New York City's Tribeca neighborhood. The purchase comes two years after the Reliance billionaire sold his two-bedroom condo in downtown NYC for $9 million.

Mukesh Ambani, India's richest man, paid $17.4 million for the Tribeca building, the RealDeal reported. The building at 11 Hubert Street in Tribeca had been sitting vacant for 10 years, although previous owners had ambitious plans of converting it into a single-family mansion.

In August 2023, Ambani sold his $9 million residence in Manhattan's West Village, according to a New York Post report. The apartment, with two bedrooms, overlooked the Hudson river.

Now, RIL USA, the US arm of Reliance Industries Limited, ha...