- Billionaire hedge-fund manager Ken Griffin just picked up two more condos in the Billionaires’ Row tower where he dropped a record-breaking $238 million in January, Jennifer Gould Keil reported for The New York Post.
- Griffin paid $1.89 million and $2.06 million for two new adjacent apartments on the 20th floor, which could be meant for guests or staff, according to the Post.
- The Billionaires’ Row skyscraper, 220 Central Park South, has now surpassed $1 billion in sales, according to NYC real-estate publication 6sqft.
- Other high-profile buyers in the building include singer Sting and his wife, hedge-fund executives Richard Leibovitch and Andrew Zaro, and Och-Ziff Capital Management founder Daniel Och.
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Billionaire hedge-fund manager Ken Griffin just picked up another two condos in the Billionaires’ Row tower where he bought a record-breaking $238 million spread in January.
Griffin paid $1.89 million and $2.06 million for two new adjacent apartments on the 20th floor, which could be for guests or staff, Jennifer Gould Keil reported for The New York Post.
The purchase brings Griffin’s total investment in the building, 220 Central Park South, to almost $242 million. His other spread of condos, which broke the record for the most expensive home sale in the US, encompasses floors 50 through 53.
But Griffin isn’t the only billionaire in the 79-story, Robert A.M. Stern-designed tower, which borders the southern end of Central Park and is still under construction.
Here's a rundown of the ultra-wealthy hedge funders, executives, and celebrities who have snapped up units in 220 Central Park South.
Ken Griffin, Citadel hedge fund founder
Griffin, who's worth an estimated $12.7 billion, broke the record for the most expensive home ever sold in the US when he paid $238 million for his first spread of condos in the building, which encompasses floors 50 through 53, in January 2019.
Nine months later, he dropped another $1.89 million and $2.06 million for two new adjacent apartments on the 20th floor, which could be for intended guests or staff, Jennifer Gould Keil reported for The New York Post.
The purchase brings Griffin's total investment in the building to almost $242 million.
Singer Sting and his wife, Trudie Styler
Singer Sting and wife Trudie Styler purchased a $67.5 million penthouse in the luxury tower in July 2019, Curbed New York reported.
Daniel Och, founder and former chairman of Och-Ziff Capital Management
Och bought a unit in 220 Central Park South, according to The Wall Street Journal, but the purchase price and date are unknown.
Och, who's worth an estimated $3.1 billion, stepped down from his role of chairman at the hedge fund this year, which then changed its name to Sculptor Capital Management, Forbes reported.
Andrew Zaro, Cavalry Portfolio Services chairman
Cavalry Portfolio Services chairman Andrew Zaro has bought in the building for an unknown price, according to the Journal.
Richard Leibovitch, Arel Capital founding partner
Leibovitch bought a $26.2 million four-bedroom condo on the 31st floor in December 2018, The Real Deal reported.
Renata de Camargo Nascimento, Brazilian construction billionaire
Nascimento purchased a $30.191 million unit in January 2019, according to the Journal.
The Brazilian heiress, who's worth an estimated $3.1 billion, along with her two sisters is a controlling shareholder of Camargo Correa, a multinational construction conglomerate.
Albert Behler, Paramount Group chairman
Behler paid $33.5 million for a 35th-floor unit, The Real Deal reported.
Michael Cantanucci, New Country Motor Car Group owner
Cantanucci, who owns luxury car dealership New Country Motor Car Group, bought a $38 million condo in the building in October 2019, The Real Deal reported.
While the transactions of these particular individuals have been reported, many other 220 Central Park Tower buyers are essentially anonymous because they've bought units through an LLC.
This is common practice in the luxury real-estate market for billionaires, celebrities, and other high-profile individuals concerned with privacy, according to the Journal.
This was the case with Griffin, who bought his $238 million spread in January under the name of "NYCP LLC." According to the Journal, more than 85% of buyers in 220 Central Park Tower have purchased their units via an LLC entity.
But as the Journal reported this week, these buyers are no longer guaranteed anonymity. A New York state law that will make every real-estate buyer's name publicly available under New York's Freedom of Information Law went into effect in September.