220 Central Park South penthouse sells for $102M

220 Central Park South penthouse sells for $102M

An mysterious consumer has plunked down $101.71 million for a penthouse on the 76th flooring of 220 Central Park South — the Manhattan tackle dwelling to America’s priciest sale at any time.

The purchaser, 76CPS LP, compensated $99.9 million for the condominium in the sky, as well as a further $1.81 million for a scaled-down unit in the setting up, in accordance to town house data. The Real Offer very first claimed the invest in.

The penthouse can take up the complete 76th ground. It runs 8,200 square toes and arrives with almost 850 sq. toes of out of doors room.

That wasn’t even the only large buy recorded in the constructing in the earlier 7 days: One more two customers paid far more than $50 million just about every for their new residences. A single paid out $55.5 million for a 68th-flooring unit, while a further paid $53.96 million for a 64th-ground apartment, according to town assets records.

Though the closings transpired during the COVID-19 pandemic, the purchases have been a long time coming. All 3 freshly done specials have actually been in the performs considering the fact that at the very least 2017, when the contracts were signed.

200 Central Park South produced actual-estate historical past when billionaire Ken Griffin used $238 million for his units in the center of the setting up, which by yourself whole pretty much 24,000 sq. ft, in 2019. The Citadel hedge fund main also coughed up one more $4 million for two adjacent flats on the 20th ground for friends or employees — for a grand full of $242 million in actual estate facing the park.

These units are not specifically personal. The new purchaser of the 76th-flooring penthouse, for occasion, will likely be in a position to see down into Griffin’s outdoor terrace, in the centre of the creating, brokers say. And citizens of a more recent supertall constructing, Central Park Tower, will be equipped to look down into the 76th floor penthouse.

“You would think that for $242 million as well as finishes … 1 could get a semblance of privateness, but alas, genuine privacy is fleeting in the New York Metropolis rental globe,” prime broker Dolly Lenz mentioned.

Other billionaires in the making incorporate Dan Ochs, who shelled out $93 million for his 73rd-flooring unit, in a sale recorded in late 2019. Lots of models in 220 Central Park South, having said that, have traded in solution, via whisper listings with buyers shielded by LLCs.

Facilities in the Robert A.M. Stern-designed setting up include things like a residents-only restaurant helmed by Jean-Georges Vongerichten.

Written By
More from Thalia Vaughn
Armies of India, China explore de-escalation on Ladakh border
Prior to the parleys began, India’s most important aim was to get...
Read More
Leave a comment

Your email address will not be published. Required fields are marked *