Ken Griffin is showing how 0. 1 billion millionaires are shopping crazy.
Just a few days after buying one of London's most expensive residential properties, the founder of the castle in the United StatesS.
A record $0. 238 billion penthouse at 220 south of Central Park.
A castle spokeswoman said about 24,000 square feet of apartments would provide him with a place to stay while working in New York.
This price makes it the most expensive house in the United States.
Donna Olshan, president of Olshan real estate, said: "He is definitely a global trophy hunter. he bought what is now arguably the largest building in New York . "
"I don't think the fact that he bought an extraordinary trophy property would have any impact on the market.
That's what he did. you have to think of it as a whole. off.
Pay tribute to developers for this sale.
Earlier this month, Griffin bought £ 95 million for around £ 0. 122 billion ($200)year-
Overlooking St London.
James Park, about half a mile from Buckingham Palace.
20,000 square meters
The Foot home includes a gym, a swimming pool and an underground extension.
Griffin, 50, began trading convertible bonds from his Harvard dormitory.
The Florida native founded Citadel in 1990 and expanded it into a global empire managing hedge funds and manufacturing markets.
He saved $9.
According to the Bloomberg Billionaires Index, the world's 6 billion richest people ranked 500.
Along the way, he bought more than $0. 5 billion worth of real estate in New York and Chicago, excluding recent purchases.
Acquisitions over the past few years include $30 million on the two floors of the Waldorf Astoria Chicago and $60 million on the Miami Beach penthouse.
Griffin set a record in the 2017 season.
The house in Chicago is expensive and costs $58.
Four people 75 million
Top floor apartments Gold Coast No.
According to Crain, apartment building 9 Walton.
According to the Palm Beach Daily, he also bought about $0. 23 billion in properties in Palm Beach, Florida.
In 2009, Griffin spent $40 million to buy an apartment on 820 Fifth Avenue.
Bought 12 at 63 New York street-
Floor unit of Lily Safra, widow of banker Edmund Safra.
Griffin also has a record-breaking history in the art world.
In 2016, he purchased works by Jackson Pollock and William de Coning from the David Geffen Foundation for $0. 5 billion.
He is also an active philanthropist who has donated more than $0. 6 billion to educational and cultural undertakings, including the Art Institute of Chicago, the Whitney Museum of American Art, and Harvard University.
Olshan compared luxury property deals like Griffin to the art market.
High price labels do not necessarily reflect broader demand.
"This is not an agent for the market," Olshan said . ".
"I just thought it was-
Off, an anomaly, an extraordinary sale, as you can see in the art market, when someone goes out and spends a lot of money --
This does not necessarily mean that the art market is developing like this.
"The New York luxury condominium building he just closed was built by the wardonado Real Estate Trust, which said in October that its sales were close to £ 85, with £ 26
Floor units in the contract. The Robert A. M. Stern-
The designed project is oriented to the southern entrance of the Central Park, and most of the 118 units offer accessibility views.
The Wall Street Journal reported earlier on Griffin's acquisition.
The castle has signed a lease to build a skyscraper at 425 Park Avenue 8.
A mile from Griffin's new apartment, vertical travel is not included.
Office building developed by L & L Holding Company.
Designed by Norman Foster, it was just released last month.
It should be completed in 2020, and the 16-story castle, including the penthouse, will cover an area of about 331,800 square feet.
220 The Southern Central Park property costs more than double the Manhattan residential sales record, which is $100.
Penthouse 5 million in one57.
The deal was completed on 2014.
Super appetite in Manhattan
Since then, luxury homes have gradually decreased.
A few blocks from One57, a buyer is 96-
Story tower on Park Avenue 432.
A total of $91.
1 million, in the transaction concluded on December 2017.
This is a 25% discount from the combined price of $120. 8 million.
A spokeswoman for Coronado declined to comment, and Deborah Kern of Corcoran Group declined to comment.
Tal Alexander, along with his brother Oren, represented Griffin, and did not comment.
By one measure, Griffin's apartment in New York doesn't have to pay more.
According to its size, he pays about $10,000 per square foot.
On 2012, a penthouse in Central Park West 15 was sold for $88 million, or $13,000 per square foot.
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