While New York City has long been known as a haven for pricey apartment buildings, London can now boast the most expensive condominiums in the world, according to this video from Gizmodo. One Hyde Park in London includes 86 units, one of which sold for $225 million, or $9,500 per square foot. The homes opened today for owners…. [more]

The world’s priciest apartment, at One Hyde Park in London

A six-bedroom, two-floor penthouse in the One Hyde Park development in
Knightsbridge, London has sold for £140 million — equivalent to around
$220 million — making it the world’s priciest apartment sale, according
to Holiday Lettings, a British real estate website. The buyer, who was not disclosed, will enjoy views of the London skyline, private wine tasting facilities and top security features which include bullet-proof windows and a panic room. The property also has tunnel access to the Mandarin Oriental Hotel and its 24-hour room service. One Hyde Park was designed by Sir Richard Rogers’ architectural firm Rogers Stirk Harbour. In 2004, the site was acquired by developers Nick and Christian Candy for £150 million, or close to $235 million. The recent sale dwarfs the previous purchase price record for Britain held by an apartment in Westminster’s 8 St. James’ Square, which sold for £115 million — or $180 million — in 2008. By comparison, the most expensive home in the United States is the Manor in Holmby Hills, Calif., a $150 million, 56,500-square-foot mansion owned by Aaron Spelling’s widow, Candy, according to Overseas Property Mall. The 4.6-acre California property features a library, gym, bowling alley, wine cellar, gift-wrapping room and media room. The grounds have pools, gardens, a waterfall, and parking for over 100 cars. [Holiday Lettings]

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