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This Just Became America's Most Expensive Home

Hedge fund boss Ken Griffin nabs NYC condo, London mansion in same month
By Arden Dier,  Newser Staff
Posted Jan 24, 2019 7:40 AM CST
Updated Jan 27, 2019 10:33 AM CST
A crane sits atop ongoing construction at 220 Central Park South in New York on May 26, 2016.   (AP Photo/Bebeto Matthews, File)

(Newser) – Billionaire Ken Griffin, who has several very nice homes, has just added a crown jewel—one that cost roughly $9,917 per square foot. The Citadel hedge fund founder has purchased the penthouse at 220 Central Park South in New York City for $238 million, making it the priciest home ever sold in the US. It breaks the previous record—the $137 million sale of a Hamptons home in 2014—by more than $100 million, reports the Wall Street Journal. A rep says Griffin plans to stay in the penthouse—the Guardian reports it's 24,000 square feet with "dreamy Central Park views"—when he's in New York, where Citadel has opened a new office. He'll be neighbor to billionaire hedge-fund manager Daniel Och and musician Sting.

The building itself is still under construction, and a source tells the Journal that Griffin's space will be "delivered unfurnished as a white box." In addition to holding $310 million in Florida property, the billionaire who began investing in his Harvard dorm room at 19 owns several floors of a Chicago condo tower purchased for $58.75 million in a record deal earlier this year. Also this month, he paid $122 million for a mansion near Buckingham Palace in London's priciest home sale in a decade, per CNBC, which notes Griffin made $1.4 billion in 2017. There's one record he can't claim: the most expensive residential deal ever closed, which was the 2017 sale of a $361 million home in Hong Kong. (You could win a $1.3 million home.)

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