Monday, January 17

Real estate. An apartment in the heart of New York sold … 190 million dollars

Very high luxury real estate in New York is again close to records. the Wall Street Journal unveiled Thursday the sale of a “penthouse” type apartment above Central Park for… nearly 190 million dollars.

This “penthouse” – a very luxury apartment on the top floor of a building usually with a terrace, also called an attic apartment – is almost 900 m², with four bedrooms. It is located in the skyscraper at 220 Central Park South, in the heart of Manhattan.

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According to the WSJ, it was the American billionaire Daniel Och who sold it for almost 190 million dollars after having bought it in 2019 for half the price: 93 million dollars at the time and two million for an additional room in another floor of the building. The Journal estimates that this sale to an anonymous buyer is “one of the most expensive ever concluded in New York”.

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In this same skyscraper at 220 Central Park South, the American fund manager Ken Griffin paid some $238 million for an apartment in 2019. An absolute record for the sale of a home in the United States.

The seller had exiled himself to Florida

Daniel Och, 61, the seller of the $190 million ‘penthouse’, has a personal fortune valued today by Forbes at $4.1 billion and is the founder and former CEO of the New York investment fund Och-Ziff Capital Management, since renamed Sculptor. In September 2016, this fund, which at the time managed 40 billion dollars in assets, was sentenced by the American authorities to a fine of 413 million for having set up a vast network of corruption in African countries. such as Libya, Chad or the Democratic Republic of Congo.

When he bought this “penthouse” in 2019, Daniel Och had gone into exile in Florida for tax reasons and thought of making it his New York “pied-à-terre”. The Journal also recalls that the billionaire owns another “penthouse” estimated at 57.5 million dollars, at 15 Central Park West, one of the four arteries that surround the green lung of Manhattan.

Reference-www.leprogres.fr

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