A $238 Million NYC Condo Just Became The Most Expensive Home In America

by Stephanie Maida · January 24, 2019

    The wildest part? It's not even fully built yet.

    On Wednesday, hedge fund billionaire Kenneth Griffin closed on a penthouse at the currently under-construction 220 Central Park South, a luxury high-rise developed by Vornado Trust Realty and designed by the firm of Robert A.M. Stern.

    The nearly 24,000-square-foot apartment, which will be a combination of two units, sold at a record-breaking $238 million, making it the most expensive home ever sold in the United States. The previous record holder, a modest $137 million East Hampton home which sold in 2014, doesn't even come close.

    Griffin, the headline-making buyer, probably won't even be a full-time resident. Known as the richest man in Illinois, the Citadel investment firm founder already has hundreds of millions' worth of property in London, Miami, and Chicago. According to a Citadel representative, who confirmed the purchase to the Wall Street Journal, Griffin was seeking "a place to stay when he’s in town" as the company expands its New York presence. A casual pied-à-terre, one-percenter style.

    [Photos via Street Easy]