The CEO of modular homebuilding giant Clayton Homes has gone upscale.
Kevin Clayton — also son of the co-founder — paid $11.5 million for a condo unit at Extell Development’s Central Park Tower on Billionaires’ Row. Clayton and his wife Michelle bought the 2,500-square-foot unit at the world’s tallest residential tower at 217 57th Street.
Property records show the couple got a 15 percent discount from the last listed price.
Closings at the 159-unit, 1,550-foot tower began in February.
The Claytons’ 34th floor unit has three bedrooms and three bathrooms. By comparison, a three-bed, three-bath property from Clayton Homes starts at around $120,000.
Brothers Joe and Jim Clayton — Kevin’s father — founded Clayton Homes, and it is now among the largest builders of manufactured and modular homes in the U.S. Warren Buffet’s Berkshire Hathaway acquired the company in 2003 for $1.7 billion.