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New York City: US billionaire Daniel Och sells apartment for $ 190 million

2022-01-14T06:11:14.583Z

According to the media, US billionaire Daniel Och paid more than 90 million dollars for an apartment after the completion of a skyscraper in Central Park. Now he pushed the penthouse off again.



220 Central Park South: $190 million for an apartment

Photo:

Andrew Burton/Getty Images

Turn $93 million into $190 million: According to media reports, US billionaire Daniel Och sold his penthouse above New York's Central Park and doubled the purchase price within just under two years.

As the Wall Street Journal reports, the sale is "one of the most expensive ever completed in New York."

It is a luxury apartment on the top floor of a skyscraper opened in 2019 at 220 Central Park South.

Och had just acquired the four-bedroom apartment in late 2019 for $93 million.

US fund manager Ken Griffin paid around $238 million for an apartment in the same skyscraper in 2019.

For Och, the decision should pay off twice: the billionaire had moved his main residence to Florida for tax reasons, and the luxury apartment was to serve as his secondary residence.

But the billionaire owns another penthouse on the west side of Central Park.

According to the Journal, its value is estimated at $57.5 million.

The 61-year-old's fortune is estimated by Forbes at $4.1 billion.

Och is the founder and former CEO of the New York investment fund Och-Ziff Capital Management, which has since been renamed Sculptor.

In 2016, his fund had to pay a fine of more than $400 million to US authorities for setting up a corruption network in several African countries.

hba/AFP

Source: spiegel

All business articles on 2022-01-14

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