US – Billionaire sells luxury apartment in New York for almost $190 million

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Daniel Och bought the 900-square-foot Manhattan penthouse for $93 million. Now he’s selling the apartment above Central Park for almost twice as much.

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The top penthouse of this skyscraper recently changed hands.

Vornado

The luxury apartment is located in the so-called

The luxury apartment is located in the so-called “Billionaire’s Bunker” at the address 220.

Vornado

The following pictures give an insight into an apartment in a high-rise building.

The following pictures give an insight into an apartment in a high-rise building.

City Realty

  • US billionaire Daniel Och has sold his 900 square meter luxury apartment on the top floor of a skyscraper.

  • The property netted the former mutual fund executive nearly $190 million.

  • Och bought the four-bedroom apartment in 2019 for $93 million.

Almost 190 million dollars (173 million francs) for a penthouse apartment above Central Park: The Wall Street Journal (Paid Article) reported on Thursday that the previous owner, the US billionaire Daniel Och, his 900 square meter luxury apartment in the sold the top floor of a skyscraper in the US metropolis New York at a large profit.

According to this, Och bought the four-bedroom apartment in 2019 for $93 million. The Wall Street Journal estimates the sale to an anonymous buyer is one of the most expensive ever completed in New York. US fund manager Ken Griffin paid around $238 million for an apartment in the same skyscraper at 220 Central Park South in 2019.

Luxury apartment should serve as a secondary residence

61-year-old Och’s fortune is estimated by Forbes at $4.1 billion. He is the founder and former CEO of the New York investment fund Och-Ziff Capital Management, which has since been renamed Sculptor. In 2016, his fund had to pay a fine of more than $400 million to US authorities for setting up a corruption network in several African countries.

Och had moved his primary residence to Florida for tax reasons, and the luxury apartment was to serve as his secondary residence. But the billionaire owns another penthouse on the west side of Central Park. According to the Journal, its value is estimated at $57.5 million.

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