America's most expensive home sold to billionaire Ken Griffin
January 24, 2019 - Manhattan
Billionaire Ken Griffin has paid $238 million for a penthouse condominium overlooking Manhattan's Central Park, in a deal that sets a record for a U.S. home sale.
The purchase is the latest in a string of record-breaking acquisitions by the Citadel hedge fund founder.
Earlier this year, Mr. Griffin bought several floors of a Chicago condominium for $58.75 million, setting a record for the most expensive home ever bought in that city.
He snapped up a penthouse in Miami Beach’s Faena House in 2015 for $60 million, setting the record for a Miami condo. Since 2012, Mr. Griffin has spent close to $250 million assembling land to build a mansion in Palm Beach, Fla., according to public records.
And earlier this month, he acquired a London home for about $122 million in one of the priciest deals ever done in that city, according to people familiar with that deal.
The Griffin unit is in 220 Central Park South, an under-construction supertall high-rise located between Seventh Avenue and Broadway.
Designed by Robert A.M Stern Architects, it has already attracted a number of high-profile buyers including billionaire hedge-fund manager Daniel Och of Och-Ziff Capital Management and musician Sting and his wife Trudie Styler.
The apartment spans roughly 24,000 square feet, and is being delivered unfurnished as a white box, according to a person familiar with the deal.
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