Cantor Fitzgerald CEO Howard Lutnick reportedly just bought this triplex penthouse at an $81 million discount
Cantor Fitzgerald CEO Howard Lutnick is the new owner of the famous penthouse atop New York City's Pierre hotel, Page Six reported.
He apparently got the triplex penthouse at a steep discount.
The property, which belonged to late investor Martin Zweig and his widow, Barbara, hit the market for a record $125 million in the spring of 2013. It then underwent several price chops before eventually going off the market. It last appeared on sale for $57 million in April 2016.
Property records show that an LLC paid $44 million for the spread, The Real Deal reported. Page Six has unmasked Lutnick as the mystery buyer.
The apartment encompasses three floors and was originally the hotel's ballroom. After several years on the market, it had a makeover that gave it a more modern look.
The 16-room spread was most recently listed with Brown Harris Stevens.
Julie Zeveloff contributed reporting to an earlier version of this article.
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market