Arel Capital’s Richard Leibovitch sells 220 Central Park South unit for $33M
Arel Capital co-founder Richard Leibovitch has closed on the sale of his 3,700-square-foot apartment at 220 Central Park South...
220 Central Park South
220 Central Park South is an ultra-luxury high-rise residential tower on the “Billionaire’s Row,” the southern edge of New York’s Central Park. It was designed by Robert A.M. Stern Architects
220 Central Park South Q&A
Who built 220 Central Park South?
220CPS was built by Vornado Realty Trust. Vornado bought a 20-story building at the 220 CPS address is 2005, but did not begin construction until 2013. Unit sales began in 2018.
Who lives in 220 Central Park South?
Most of 220CPS’s buyers used LLCs to hide their names during sales. However, billionaire Dan Och, musician Sting, construction heiress Renata de Camargo Nascimento, developer Albert Behler, and Stonehenge Management’s Ofer Yardeni are all known to have purchased in the building. Hedge funder Ken Griffin bought the penthouse in 2019 for $238 million, setting a new high for New York residential sales. The building has 118 units.
Want to know more about 220 Central Park South?
Check out our Top Stories below for TRD's most up-to-date coverage of 220 Central Park South.
220 Central Park South Top Stories
July 31, 2019—Vornado paid off a $950 million loan at 220 Central Park South, meaning it will have $2 billion in the bank.
April 29, 2019—Add another deal to the list of high-priced closings at Vornado Realty Trust’s 220 Central Park South.
February 12, 2019—As closings at 220 Central Park have started rolling in, Vornado knows exactly what it will be doing with the massive profits, estimated at $1 billion.
The Latest
First resale at 220 Central Park South closes at 23% premium for seller
The first resale at 220 Central Park South was a success for the seller. The transaction, which was first...
220 Central Park South’s first resale in the works
UPDATE: March 12, 2021, 3:35 p.m.: A deal that will serve as a benchmark for how values have held...
Los Angeles
“Shark Tank” investor looks to flip Los Angeles mansion
Robert Herjavec, a longtime investor on the reality show “Shark Tank,” is hunting for a deal in Los Angeles....
220 Central Park South dominates NYC’s priciest resi sales of the year
The biggest residential deals of 2020 are reminiscent of a different time — one when the luxury market wasn’t...
Issue
The stars and czars who’ve bought at 220 Central Park South
The whale Vornado didn’t plan a 23,000-square-foot quadplex at its trophy property, but Citadel’s Ken Griffin changed those plans....
Archive Issue
220 Central Park South crossed $1 billion in profits to become the world’s most successful condo. How did it get there?
If not for 220 Central Park South, Vornado Realty Trust’s recent financials would have been a horror show. Vornado, one of New York City’s...
Another 220 Central Park South condo trades for over $10K psf
For the third time this month, a condominium at 220 Central Park South closed for upwards of $10,000 per...
Another 220 Central Park South condo sells for $61.6M
Vornado Realty Trust’s 220 Central Park South continues to fetch eye-popping prices, providing the firm a cash cow amid...
Mystery buyer closes on 220 Central Park South pad for $62M
UPDATED, Sept. 11, 2020, 6:36 p.m.: After another lofty closing at 220 Central Park South, developer Vornado Realty Trust...