An unknown buyer just dropped $100 million on a penthouse on New York City's Billionaires' Row
- An unknown buyer bought a $99.9 million penthouse on
New York City's Billionaires' Row last week, The Real Deal reported.
- 220 Central Park South is a brand-new luxury tower just south of Central Park in Manhattan.
- It's the same building where hedge-fund billionaire Ken Griffin last year spent $238 million on a penthouse in the most expensive home sale in US history.
- Other wealthy buyers at 220 Central Park South include hedge-fund manager Daniel Och, singer Sting and his wife, hedge-fund executives Richard Leibovitch and Andrew Zaro, and Brazilian construction heiress Renata de Camargo Nascimento.
- The tower has seen several other major sales during the coronavirus pandemic, including three sales over $50 million each in April.
An unknown buyer just dropped $99.9 million on a penthouse in one of New York City's most coveted luxury buildings, The Real Deal reported.
Condos at 220 Central Park South have continued to sell despite the economic slowdown due to the coronavirus pandemic.At the end of March, a 62nd-floor unit closed for about $52 million, StreetEasy shows. And April saw three major sales of $51 million, $53.6 million, and $56.3 million. Earlier in July, a 64th-floor condo sold for nearly $54 million and a 68th-floor unit went for $55.5 million.
A legendary architect and a bevy of ultra-wealthy residents
The luxury tower has no shortage of millionaire and billionaire buyers.Last December, hedge-fund manager Daniel Och, who's worth $3.2 billion, picked up a penthouse for about $95 million. In July 2019, singer Sting and wife Trudie Styler bought a $67.5 million penthouse, Curbed New York reported. And Brazilian construction billionaire Renata de Camargo Nascimento purchased a $30.19 million unit in January 2019. Hedge-fund executives Richard Leibovitch and Andrew Zaro have also bought in the building. Advertisement
The billionaire-favorite 220 Central Park South was designed by acclaimed New York architect Robert A.M. Stern, the 80-year-old founding partner of Robert A.M. Stern Architects, or RAMSA, an award-winning firm of 265 architects and interior designers.
Stern has designed several other prestigious New York buildings, including 15 Central Park West, the building that's home to Wall Street CEOs and celebrities and has been called "the world's most powerful address" and 520 Park Avenue, where the duplex penthouse sold for $70 million to the former owner of the UFC.
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