Another $60M condo closes at 220 Central Park South

Deal works out to about $9K per square foot

TRD NEW YORK /
Nov.November 25, 2019 03:05 PM
220 Central Park South and Vornado chairman Steven Roth (Credit: Google Maps and Getty Images)

220 Central Park South and Vornado chairman Steven Roth (Credit: Google Maps and Getty Images)

Another buyer has dropped almost $60 million on a 46th-floor unit at Vornado Realty Trust’s ultra-luxury development, 220 Central Park South.

The purchaser was CPV46LLC, which has the address of a St. Petersburg, Fla. home owned by Frederick and Janine Arnold. The price tag was about $59.6 million for the condominium.

A message left with the Arnolds was not immediately returned.

The five-bedroom, two-bathroom pad, #46A, measures 6,591 square feet. The deal pencils out to almost $9,037 per square foot.

According to a Tampa Bay Times story from 2015, Frederick Arnold is an attorney and was CFO of Convergex and Janine Arnold is an interior designer. (Their purchase of a 28th-floor penthouse was among the priciest home buys in the Tampa Bay area that year.)

Convergex was an agency-focused global brokerage that in 2017 was acquired by financial services firm Cowen Group for $116 million.

The buy follows a string of other recent high-priced closings at the 70-story Billionaires’ Row tower.

In October, an LLC tied to David and Constance Littman shelled out $55 million for a 45th-floor condo. Another entity earlier this month spent over $64 million on a 49th-floor pad.

Sales at the property began in 2015 and closings commenced in 2018. Vornado said it paid off the building’s debt in July. It’s not publicly known when #46A went into contract.


Related Articles

arrow_forward_ios
Here are the week’s top luxury sales

Here are the week’s top luxury sales

Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)

For 15 years, David Koch lived at the world’s “richest building”

Here are the week’s top luxury sales

Here are the week’s top luxury sales

Chrissy Teigen and John Legend with 374 Broome Street (Credit: Karwai Tang/Getty Images; Google Maps)

John Legend, Chrissy Teigen snap up another Nolita penthouse

Marc Jacobs with 68 Bethune Street (Credit: Jacobs by Randy Brooke/WireImage; Townhouse by Nest Seekers via StreetEasy)

Marc Jacobs gets what he paid for West Village pad: $10.5M

The Gretsch at 60 Broadway in Williamsburg. (Credit: Douglas Elliman via StreetEasy)

Williamsburg pad hits market for almost $9M

220 Central Park South (Credit: Google Maps)

Condo at 220 Central Park South sells for $51M

Dennis and Karen Mehiel with 3 East 95th Street (Photo by Will Ragozzino/Patrick McMullan via Getty Images; Sotheby's)

Carhart Mansion duplex returns to market after four years

arrow_forward_ios
Loading...