Luxury Homes

New York penthouse sale for $238 million reportedly sets US record

The hedge fund founder is no stranger to multimillion-dollar homes. He bought a London estate for $122 million earlier this month.

FILE- In this May 26, 2016 file photo, a crane sits atop ongoing construction for a new condominium skyscraper at 220 Central Park South in New York. Bebeto Matthews/Associated Press/File 2016

By Associated Press

January 27, 2019

NEW YORK — A billionaire hedge fund founder has purchased a penthouse in New York for roughly $238 million.

The Wall Street Journal reported Wednesday that the deal sets a record for the highest-priced home ever sold in the United States.

Citadel hedge fund founder Ken Griffin purchased the Manhattan penthouse at an under-construction high-rise, 220 Central Park South.

Griffin is no stranger to multimillion-dollar homes. He bought several floors of a Chicago condominium this year for $58.7 million, setting a record for the most expensive home ever bought in Chicago. In 2015, he bought a Miami penthouse for $60 million, setting the record for a Miami condo. And earlier this month, he acquired a London home for $122 million.

The Journal reports that Griffin began investing at 19 in his Harvard dorm.

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