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New York penthouse sells for $88m | New York penthouse sells for $88m |
(about 14 hours later) | |
A lavish New York penthouse with panoramic views of Central Park has become the most expensive apartment ever sold in the city. | A lavish New York penthouse with panoramic views of Central Park has become the most expensive apartment ever sold in the city. |
Russian fertiliser magnate Dmitry Rybolovlev - said to be the world's 93rd richest man - spent $88m (£56m) buying the Central Park West pad. | Russian fertiliser magnate Dmitry Rybolovlev - said to be the world's 93rd richest man - spent $88m (£56m) buying the Central Park West pad. |
It is thought to be for his 22-year-old daughter, Ekaterina Rybolovleva. | It is thought to be for his 22-year-old daughter, Ekaterina Rybolovleva. |
The 6,744 sq ft (627 sq m) apartment was sold by American Sanford Weill, a former head of banking giant Citigroup. | |
The penthouse stands atop 15 Central Park West, a landmark building designed by architect Robert Stern. | The penthouse stands atop 15 Central Park West, a landmark building designed by architect Robert Stern. |
It boasts a custom-made oval bedroom, a library, gallery, chef's kitchen and a 2,100 sq ft (195 sq m) terrace running along three sides of the building. | It boasts a custom-made oval bedroom, a library, gallery, chef's kitchen and a 2,100 sq ft (195 sq m) terrace running along three sides of the building. |
Overseas interest | Overseas interest |
Sold by high-end New York real estate agents Brown Harris Stevens, the apartment is expected to net the broker a commission of $3.5m, the Wall Street Journal reported. | Sold by high-end New York real estate agents Brown Harris Stevens, the apartment is expected to net the broker a commission of $3.5m, the Wall Street Journal reported. |
However, the apartment is not even thought to be the most expensive US property in Mr Rybolovlev's portfolio. He is said to have paid closer to $100m for an investment property in Palm Beach, Florida in 2011. | However, the apartment is not even thought to be the most expensive US property in Mr Rybolovlev's portfolio. He is said to have paid closer to $100m for an investment property in Palm Beach, Florida in 2011. |
The sale - which was concluded at the full asking price - is the latest example of international buyers setting the pace in New York's elite property market. | The sale - which was concluded at the full asking price - is the latest example of international buyers setting the pace in New York's elite property market. |
Privately owned apartments, or condominiums, are increasingly being snapped up by wealthy overseas buyers, a spokeswoman for Brown Harris Stevens told the BBC. | Privately owned apartments, or condominiums, are increasingly being snapped up by wealthy overseas buyers, a spokeswoman for Brown Harris Stevens told the BBC. |
"What's slowing down in New York is the middle of the market, but the high and low end are doing very well," she said. | "What's slowing down in New York is the middle of the market, but the high and low end are doing very well," she said. |