The most costly home in the country sold in New York for $238 million. Hedge Fund billionaire, Ken Griffin shut on the Manhattan property at 220 Central Park South on Wednesday.
The about 24,000 square ft. apartment takes up a few floor at the highest point of a tower constructed by engineers Robert A.M. Stern and created by Vornado Realty Trust.
This deal is the most anybody has paid for a home in the United States. The past record was set in 2014, likewise by a New York property. That home in the Hamptons sold for $137 million, as indicated by Miller Samuel Inc., a land and evaluation counseling firm that tracks most noteworthy offers of single habitations over $50 million.
The organization’s CEO, Jonathan Miller, alerts that following the most costly homes sold in the nation isn’t a correct science.
“There aren’t the same number of as you think,” Miller said. “The pennant year was 2014. In 2013 and 2014 I began seeing each couple of weeks there was a story that stated, ‘this was the most noteworthy asking cost in the nation,’ or ‘this was the most astounding in California.’
In 2015 I began thinking back and understood that huge numbers of those hadn’t sold. It was the pocket postings, the ones that weren’t sprinkled all over, that were moving.”
Mill operator said when he initially found out about the property at 220 Central Park South in 2014, it was recorded for $250 million.
“The deal for $238 million has nothing to do with the present market. It has an inseparable tie to 2015, which was around peak luxury,” he said.
“In New York the top end is mellowing right now in view of development.”
The 79-floor skyscraper that contains the apartment is under construction and is spot on Central Park in a zone frequently alluded to as New York’s very rich people’s row.
It has a clear view of the famous park. Other enormous names at that building includes singer Sting and his wife, Trudie Styler, as indicated by the Wall Street Journal.
Top Five Most Costly US Deals
The main five most costly homes sold in the United States, as aggregated by Miller Samuel Inc.:
- 220 Central Park South, New York – Sold in 2019 for $238 million.
- 60 Further Lane, East Hampton, New York – Sold in 2014 for $137 million.
- 50 Blossom Way, Palm Beach, Florida – Sold in 2013 for $129.6 million.
- 499 Indian Field Road, Greenwich, Connecticut – Sold in 2014 for $120 million.
- 360 Mountain Home Road, Woodside, California – Sold in 2013 for $117.5 million.