Billionaire Ken Griffin buys $240M NYC penthouse, the most expensive home sold in the U.S.
Via Vornado Realty Trust and Robert A.M. Stern Architects
Update 1/29/19: The penthouse officially closed on January 23, 2019, for $239,958,219, more than was originally reported.
Billionaire Ken Griffin has closed on a penthouse at 220 Central Park South for $238 million, setting the record for the most expensive home ever sold in the United States, as the Wall Street Journal first reported. Griffin, who founded Citadel, first signed the contract to buy a 24,000-square-foot unit at the under-construction tower in 2015. The hedge fund mogul reportedly picked up the pricey digs as “a place to stay when he’s in town,” since his company is looking to expand its footprint in New York City.
Since 2015, it was reported that the penthouse at Robert A.M. Stern’s 220 Central Park South tower would set a staggering sales record. 6sqft reported at the time that the unit, dubbed the “billionaire’s bunker,” could ask between $150 and $175 million. Building documents filed in 2016 last listed the 24,000-square-foot, four-floor unit for $250 million.
The previous record for the most expensive home in New York City was held by a penthouse at One57 that sold for just over $100 million in 2015. The buyer of that penthouse was later revealed to be Michael Dell, the founder of Dell Technologies.
Griffin’s new unit spreads across floors 50 through 53 and is being delivered unfurnished. Amenities at the tower, which is nearing completion, include private dining and entertaining spaces, a fitness center, spa, library, basketball court, and parking.
This is not the first time the billionaire has closed on a record-breaking real estate deal. The WSJ reported that Griffin recently bought several floors of a condo building in Chicago for $58.75 million, a Miami penthouse in 2015 for $60 million, and earlier this month he bought a London property for $122 million.