These projects have generated controversy concerning the economic conditions and zoning policies that have encouraged these buildings, as well as the impact these towers will have on the surrounding neighborhoods and the shadows they will cast on Central Park. Also at 220 CPS, several units were combined into a four-story mansion costing $250 million. Griffin is said to have bought four floors at 220 Central Park South for $238 million, breaking One57's record for the most expensive home sold in New York City and setting a new record for the most expensive home sold in the United States. The top penthouse at 432 Park Avenue went to Saudi retail magnate Fawaz Al Hokair for $87.7 million, and hedge fund manager Kenneth C. Another bi-level apartment in the building was bought by hedge fund manager Bill Ackman for $91.5 million. The top two floors of One57 sold to Michael Dell for $100.47 million in 2015, setting a record for the most expensive apartment ever sold in New York. The area is notable for containing some of the most expensive residences in the world. Since most of these pencil towers are on 57th Street, the term can refer to this street, too. Several of these buildings are in the supertall category, taller than 1,000 feet (300 m), and are among the tallest buildings in the world. Part of Billionaire's Row and Central Park (background)Ĭoordinates: 40☄5′52″N 73★8′38″W / 40.7644°N 73.9772°W / 40.7644 -73.9772īillionaires' Row is the name given to a group of ultra-luxury residential skyscrapers and the area surrounding them around the southern end of Central Park in Manhattan, New York City.
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