Millions of Americans are looking at evictions and foreclosures in the coming months, but the financial elite are having no problem making record-breaking real estate buys. In the past week alone, three major sales have made headlines at 220 Central Park South, the white-glove residence consisting of an 18-story villa and 79-floor tower overlooking the park.
On Thursday, an unknown buyer threw down $99.9 million for a 8,200-square-foot penthouse on the 76th floor plus another $1.81 mil on a smaller unit in the building. Per the New York Post, two other buyers have each spent more than $50 million on apartments in the building last week.
Developed by Vornado Trust Realty and designed by the firm of Robert A.M. Stern, the new It-Address in NYC is set to be home to so many high-rollers that it's even earned the nickname "The Billionaire's Bunker." Investor Daniel Och purchased a unit for $93 million in 2019 while the billionaire founder of Citadel, Kenneth Griffin, broke records last January when he shelled out $238 million for a 24,000-square-foot condo (a combination of two units), making it the most expensive home sale in American history. Casual.
So just what about the place makes it so attractive to CEOs, financiers, and rock stars (oh yeah, Sting also snagged a spot here)? Besides the practically to-be-expected amenities like a gym and concierge service, we're guessing it's simply about the status of moving into the most buzzed-about new building in town. Of course, the views don't hurt, and neither does your own private eatery helmed by Jean-Georges Vongerichten.
Care for a tour? Click through for a peek inside.
[Photos via StreetEasy]