New York

Wife of billionaire revealed as buyer of full-floor 432 Park pad

Caryl Englander paid $60M for combo unit in December

<a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/432-Park-Avenue-New-York-NY-10022/1012927502-0" target="_blank" data-address="432%20Park%20Avenue%2C%20New%20York" data-label="432%20Park%20Avenue" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F432-Park-Avenue-New-York-NY-10022%2F1012927502-0" data-bbl="1012927502" data-blockValue="01292" data-lotValue="7502" data-zipcode="10022" data-bldgArea="580%2C626" data-bldgDepth="275" data-bldgFront="200" data-landUse="Mixed%20resi%20%26%20comm%20buildings" data-lotArea="34%2C470" data-lotFront="0.79" data-lotDepth="0" data-retailArea="109%2C625" data-resArea="425%2C209" data-officeArea="8%2C873" data-garageArea="10%2C390" data-strgeArea="0" data-factryArea="0" data-otherArea="26%2C529" data-bldgClass="R0" data-primaryZoning="C5-3" data-commercialOverlay="" data-far="10" data-buildable="344%2C700" data-airRights="-235%2C774" data-propertyNeighborhood="Midtown%20Central" data-latitude="40.7615007963244" data-longitude="-73.9717933562149" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F432-Park-Avenue-New-York-NY-10022%5C%2F1012927502-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F432-Park-Avenue-New-York-NY-10022%5C%2F1012927502-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener noreferrer">432 Park Avenue</a> and Caryl Englander (Credit: Getty Images)

432 Park Avenue and Caryl Englander (Credit: Getty Images)

The buyer behind one of 2017’s priciest residential sales has been revealed as the wife of hedge fund billionaire Israel Englander.

Operating through a trust, Caryl Englander paid $60.08 million to combine two penthouse units on the 91st floor of 432 Park Avenue, the Wall Street Journal reported. The apartments 91A and 91B were originally full-floor units asking $78 million, but the developers CIM Group and Macklowe Properties opted to split them in late 2015 due to slowing sales. Englander plans to put the two half-floor units back together again.

The $60 million purchase closed in late December, as The Real Deal first reported. Englander, a philanthropist and photographer who also chairs the board of the International Center of Photography, is paying about $7,250 a square foot for the new 8,200-square-foot pad. Amenities at the building include a private restaurant, a screening room, an indoor swimming pool and a gym.

Englander’s neighbors at 432 Park will include Jennifer Lopez and Alex Rodriguez, who recently bought a $15.3 million 4,000-square-foot apartment in the building, and Saudi retail magnate Fawaz Al Hokair, who owns the $88 million penthouse.

Englander’s husband Israel, who founded Millennium Management and is reportedly worth $6 billion, previously set a price record for a Manhattan co-op when he bought a duplex at 740 Park Avenue from the French government for $71.3 million. [WSJ]Eddie Small

New York

Wife of billionaire revealed as buyer of full-floor 432 Park pad

Caryl Englander paid $60M for combo unit in December

<a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/432-Park-Avenue-New-York-NY-10022/1012927502-0" target="_blank" data-address="432%20Park%20Avenue%2C%20New%20York" data-label="432%20Park%20Avenue" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F432-Park-Avenue-New-York-NY-10022%2F1012927502-0" data-bbl="1012927502" data-blockValue="01292" data-lotValue="7502" data-zipcode="10022" data-bldgArea="580%2C626" data-bldgDepth="275" data-bldgFront="200" data-landUse="Mixed%20resi%20%26%20comm%20buildings" data-lotArea="34%2C470" data-lotFront="0.79" data-lotDepth="0" data-retailArea="109%2C625" data-resArea="425%2C209" data-officeArea="8%2C873" data-garageArea="10%2C390" data-strgeArea="0" data-factryArea="0" data-otherArea="26%2C529" data-bldgClass="R0" data-primaryZoning="C5-3" data-commercialOverlay="" data-far="10" data-buildable="344%2C700" data-airRights="-235%2C774" data-propertyNeighborhood="Midtown%20Central" data-latitude="40.7615007963244" data-longitude="-73.9717933562149" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F432-Park-Avenue-New-York-NY-10022%5C%2F1012927502-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F432-Park-Avenue-New-York-NY-10022%5C%2F1012927502-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener noreferrer">432 Park Avenue</a> and Caryl Englander (Credit: Getty Images)

432 Park Avenue and Caryl Englander (Credit: Getty Images)

The buyer behind one of 2017’s priciest residential sales has been revealed as the wife of hedge fund billionaire Israel Englander.

Operating through a trust, Caryl Englander paid $60.08 million to combine two penthouse units on the 91st floor of 432 Park Avenue, the Wall Street Journal reported. The apartments 91A and 91B were originally full-floor units asking $78 million, but the developers CIM Group and Macklowe Properties opted to split them in late 2015 due to slowing sales. Englander plans to put the two half-floor units back together again.

The $60 million purchase closed in late December, as The Real Deal first reported. Englander, a philanthropist and photographer who also chairs the board of the International Center of Photography, is paying about $7,250 a square foot for the new 8,200-square-foot pad. Amenities at the building include a private restaurant, a screening room, an indoor swimming pool and a gym.

Englander’s neighbors at 432 Park will include Jennifer Lopez and Alex Rodriguez, who recently bought a $15.3 million 4,000-square-foot apartment in the building, and Saudi retail magnate Fawaz Al Hokair, who owns the $88 million penthouse.

Englander’s husband Israel, who founded Millennium Management and is reportedly worth $6 billion, previously set a price record for a Manhattan co-op when he bought a duplex at 740 Park Avenue from the French government for $71.3 million. [WSJ]Eddie Small