Skip to main content

Billionaire Ken Griffin pays record $238m for Manhattan apartment

220 Central Park South

A Manhattan apartment has just been sold for $238m (£183m) - the most expensive home ever sold in the US.
The property, in the luxury 220 Central Park South building, has four floors and - naturally - overlooks the famous New York park.
The buyer is billionaire Ken Griffin, founder of the hedge fund Citadel.
Mr Griffin, 50, also made headlines on Monday for buying another high-priced property - a $124m house near Buckingham Palace in London.
He already holds records for buying the most expensive apartments in Miami, which he bought for $60m in 2015, and in Chicago, which he spent almost $59m on last year.
The billionaire also owns three other luxury homes in Chicago, six in the Palm Beach area of Florida, and two homes in Hawaii.
Presentational white space
Before he bought the Central Park flat, the most expensive home in the US was a house in East Hampton that was sold for $137m in 2014.
Apartments in 220 Central Park South seem to be selling relatively quickly, despite slumps in the luxury property market in New York.
In October last year, Vornado Realty Trust disclosed that the building was about 83% sold.
Ken GriffinImage copyrightGETTY IMAGES
Image captionKen Griffin has bought a string of expensive homes
Tong Tong Zhao, the founder of a Shanghai-based hotel management company, has bought a two-bedroom flat on the building's 27th floor for $13.5m.
The musician Sting and his wife Trudie Styler are also reportedly buying an apartment in the building.
The 66-storey skyscraper was designed by the US architect Robert A M Stern, and is located on a street appropriately named Billionaire's Row.

Comments

Post a Comment

Popular posts from this blog

Two girls, one body The conjoined twins whose fight for life took them from Senegal to Wales

Conjoined twins - you're unlikely to see them. Only a tiny number are born each year, the vast majority of which are stillborn or die soon after birth. Marieme and Ndeye are the exceptions. At two years and eight months, they live in Cardiff, having moved with their father, Ibrahima Ndiaye, 50, from their birth place of Senegal. It's been a journey of hardship, with the family swapping a prosperous existence for one of hostels and food banks. The girls are now safe, but a shadow looms. Marieme's heart is weak - so weak, she may die. If this happens, her stronger sister Ndeye will die with her. At the moment, the twins grow each day and delight in life. But in the coming years, an unimaginable choice may lie before Ibrahima. Should he let surgeons attempt separation - risking the life of both girls, but particularly Marieme's? Or should he let both girls die together? Two girls, one body The conjoined twins whose fi...
Post a Comment
Read more

Differences Between Police Cars And Regular Cars - Car Talk

When lives are at stake, having a Police car that can be pushed to the limit is the only viable choice. Police fleets around the world, including the Pursuit Vehicles, Patrol cars and Riot Control vehicles, are equipped with high-performance parts which regular cars lacks. These cars are used for chasing down offenders and responding to incidents. In the case of a Pursuit and Patrol Police cars, these high-performances vehicles are designed to endure a lot of abuse. They have features that allows rapid acceleration as well as force other vehicles off the road. Below are some of the features that you will find in a Police Pursuit/Patrol cars which regular cars lacks: High-Output Engine Police cars have high performance engines. Most of them are equipped with V6 engines while others have a stronger V8 engine in their bonnets. Push Bumpers They have Push bumpers fitted to their chassis to force vehicles off the road and ...
Post a Comment
Read more

Real Madrid regains top spot in world football rich list

Real Madrid has topped the table of the world's 20 richest football clubs, displacing Manchester United with record revenues of €750.9m (£674.6m). Man Utd slipped to third with Barcelona making it the first Spanish one-two since 2014-15, said Deloitte. Its Football Money League, based on season 2017-18, also shows the combined revenues of the top 20 clubs has risen 6% to €8.3bn (£7.4bn), a new record. There were a record six English Premier League clubs in the top 10. 'Outstanding performance' The list, the 22nd of its kind, only looks at revenues and does not take into account club debts. This gap this year between the top two places was the second widest yet, with €60.5m between the leading pair. Real Madrid won their third successive Champions League, beating Liverpool 3-1 in Kiev last May. That helped raise income for Los Blancos, who have now topped Deloitte's money league 12 times. The club experienced commercial growth of €54.8m, including ...
Post a Comment
Read more