Wednesday, April 10, 2024
HomeMoneyNYC apartment sells for ridiculous 88 million dollars

NYC apartment sells for ridiculous 88 million dollars

NEW YORK (AP) — The family of a Russian billionaire has bought a New York City penthouse apartment for $88 million.

The Wall Street Journal ( on.wsj.com/x3NGXe) says the property on Central Park West in Manhattan is now the most expensive apartment in New York.

The seller was Sanford I. Weill, the former head of Citigroup Inc. It was bought by a trust for the daughter of Dmitry Rybolovlev (dih-MEE’-tree rih-bah-LOHV’-lehv).

Features of the apartment include a wraparound terrace.

The Journal says the sale generated nearly $2.5 million in city and state taxes.

The brokers’ commission: about $3.5 million.

The deal closed on Wednesday.

Weill previously said he plans to donate the proceeds of the sale to charity.

Arlene Culpepper, Asst. Editor-in-Chief
Arlene Culpepper, Asst. Editor-in-Chiefhttp://www.mikodreamz.com
Vice-President & Asst. Editor-in-Chief of The Heat Magazine, Arlene is a Louisiana native, Certified Paralegal, Publicist, Owner of MIKODreamz PR, co-owner of 504Diffusion, writer, producer, and jack of all trades, who is heavily involved in her community as well as serving as Media Advisor for New Orleans Union for Entertainment (NOUE), Member of the NOLA Music Awards from 2012-present & Member of the Press Club of New Orleans. Her work is published across the web. Her PR work has been highly recognized & awarded. She was/is publicist for the late great BTY YoungN, 0017th and more. She is also working on her first novel & aspires to turn it into a film & is currently writing the authorized biography of the legendary Pimp C of UGK. She can be reached via email at Arlene@theheatmag.com. Follow her on Twitter - @CategorySeven & Instagram - @hurricanearlene.
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