The Most Expensive Penthouse in NYC: $238 Million at 220 Central Park South

The deal is the latest in Ken Griffin’s unprecedented global shopping spree.


(NEW YORK, NY) The $238 million Manhattan penthouse is now the most expensive home ever sold in the United States. Hedge fund billionaire Ken Griffin closed on the apartment under construction at 220 Central Park South, adding this impressive penthouse overlooking Central Park to his comprehensive real-estate portfolio.

Griffin’s 24,000 square feet penthouse is a combination of two units in the 79-story tower. The apartment covers four full floors, with stunning views of Central Park. Griffin bought the space raw, which means that after paying $238 million, he will likely spend a few more millions to design, build and furnish the home.This figure destroys the precious New York City record of $100.47 million set in 2014 by computer billionaire Michael Dell at One57.

220 Central Park South was designed by architect Robert A.M. Stern, to mimic classic prewar buildings. The building, called “The Villa” sits comfortably at 953 feet tall amongst its neighbors facing Central Park South.

The Alexander Team at Douglas Elliman represented Griffin in the sale and Deborah Kern of the Corcoran Group represented Vornado Realty Trust, the building’s developer.

Griffin is the founder of Citadel, and investment firm based in Chicago and is known for his high-price taste in real-estate. With a net worth of $9.9 billion, Griffin is no stranger to pricey real estate purchases. He also holds the record in Miami, for paying the highest price for a condo: $60 million. In London, he spent $122 million on a home near Buckingham Palace, the most expensive sale in that city in a decade.

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