(ANSA) - NEW YORK, JUN 29 - Saudi tycoon Fawaz AlHokair is selling his penthouse at 432 ParkAvenue, one of the most luxurious condominiums in New York, for 170 million dollars.
This was revealed by three informed sources to the WallStreet Journal.
The price is nearly double what AlHokair paid for the property in 2016, and if he could get close to that amount, the property would be among the most expensive ever sold in the US.
The apartment, which is located on the 96th floor of the skyscraper, spans almost 750 square meters with a panoramic view of the entire city and Central Park. Until recently the palace was the tallest residential building in the western hemisphere, recently beaten by the nearby Cental Park Tower. After the crisis due to Covid, the luxury real estate market in the Big Apple has registered a significant growth: recently two apartments in the nearby 220 Central Park South were sold for the combined sum of 157.5 million dollars, one of the highest for a residential property in the metropolis. . (HANDLE).