Duplex Sells for Almost $100 Million at 220 Central Park South

The Four Percent


A sprawling penthouse on the top two floors of 220 Central Park South sold for $99.9 million in July, becoming the year’s most expensive closing in New York City, although overall sales volume continued to slow because of the coronavirus.

The anonymous buyer was under contract with the developer years before the pandemic surfaced, as has been the case with many of the recent closings at the limestone-clad Midtown Manhattan tower. Current sales contracts throughout the city have dropped off sharply, but are expected to rebound with the easing of restrictions on real estate activity, instituted to curb the virus’s spread.

The penthouse sale was the third-priciest ever for a single residence in New York — behind the hedge fund manager Kenneth Griffin’s record $240 million purchase of four floors last year, also at 220 Central Park South, and a duplex at the top of 157 West 57th Street, acquired in 2015 for nearly $100.5 million, reportedly by Michael Dell, the chief executive of Dell Technologies.

The month’s other top sales were also at 220 Central Park South: Two full-floor apartments sold for $55.5 million and nearly $54 million, and they, too, went into contract with anonymous buyers before the coronavirus outbreak.

In other notable transactions in July, Facebook’s co-founder Chris Hughes and his husband, the political activist Sean Eldridge, sold their red brick, Greek Revival townhouse in Greenwich Village, though at a loss.

On the Upper West Side, a brownstone that had been rented out for years for films and TV shows found a new owner. And in the Flatiron neighborhood, the artists Charline Von Heyl and Christopher Wool acquired a duplex penthouse.

The penthouse at 220 Central Park South, one of three in the building, has 8,978 square feet on the 76th and 77th floors. The latest amended offering plan filed by the developer, Vornado Realty Trust, also shows that it has four bedrooms, five full baths, two powder rooms and 940 square feet of terraces.

The unit sold for just under the $100 million asking price. Its buyer used the Delaware-registered limited partnership 76CPS in the transaction and went into contract in May 2017, according to property records. (Late last year, a penthouse duplex on the 73rd and 74th floors sold for $92.7 million, reportedly to the hedge fund manager Daniel Och.)

The other sales in the building were apartments encompassing the 64th and 68th floors, each with four bedrooms, five full baths and two half baths, as well as two 48-square-foot balconies, according to the offering plan. The buyer of unit No. 68, using the limited liability company KMZM, was in contract in October 2018; unit 64 went into contract with 220 CPS 64 LLC back in May 2015, before the building was completed.

The Central Park South condominium is situated near Columbus Circle, overlooking the park.

Mr. Hughes and Mr. Eldridge sold their townhouse at 157 West 12th Street, between Seventh Avenue and the Avenue of the Americas, for $19.5 million. The couple bought the house for $22.3 million in September 2015, four months before Mr. Hughes sold his sprawling three-bedroom apartment in SoHo. About two years after moving in, they welcomed a son through a surrogate. The house was returned to the market last summer with a $26 million price tag.

The fully renovated structure — four stories high and 20 feet wide — features a classic front stoop, along with a deep, landscaped garden in the rear and a rooftop terrace. There is also a separate brick carriage house that could be used as a guest suite or a studio.

The townhouse, with about 3,200 square feet, has six bedrooms, six and a half bathrooms and six wood-burning fireplaces. The master suite encompasses the third floor and includes two full baths, a large dressing room and a terrace overlooking the garden, according to the listing with the Corcoran Group. In the basement is a windowed gym, as well as a screening room and a wine-tasting room.

The buyer, whose identity was shielded by the limited liability company 157 Townhouse, went into contract to buy the house in early July.

Mr. Hughes was a Facebook founder and a roommate at Harvard of Mark Zuckerberg, the chief executive. More recently, he’s been an outspoken critic of the social media platform, suggesting that it needs to be broken up. Mr. Eldridge is the founder of Stand Up America, a liberal advocacy group; in 2014, he lost a bid for New York’s 19th congressional district.



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