Media magnate Byron Allen seems to have dropped $34.3 million on another condo at 220 Central Park South.
An entity linked to the founding father of Allen Media Group purchased a Thirty sixth-floor unit on the Billionaires’ Row supertall in an off-market deal, in line with public information.
The commerce comes greater than a 12 months after Allen, utilizing the identical LLC, offered a Forty fifth-floor condo within the constructing for a whopping $82.5 million. Allen, utilizing an identical LLC, additionally seems to have offered one other unit on the forty fourth flooring months later, to cybersecurity founder Daniel Nutkis, for $36.5 million.
Developer Vornado Realty Belief first offered unit No. 36B in 2019 for just below $22 million. The vendor traded the condo two years later for $23 million.
Allen’s sum is considerably increased than the final buy value, although with no itemizing, it’s unclear whether or not the upcharge is because of a renovation or different elements. Nevertheless, the premium is consistent with different trades within the constructing, together with Allen’s. He purchased Unit 45A in 2023 for $75 million and Unit 44B for $26.8 million.
The legal professional who signed the deed didn’t instantly reply to a request for remark.
Corcoran’s Cathy Franklin, who represented the vendor within the earlier deal for Unit 36B, and Corcoran’s Deborah Kern, who represented Allen within the sale of one in all his different 220 Central Park South condos, additionally didn’t instantly reply to requests for remark.
A 2021 itemizing for the nook condo describes it as having three bedrooms and three full bogs unfold throughout greater than 3,000 sq. ft. It additionally options floor-to-ceiling home windows with views of Central Park and a chef’s kitchen.
Facilities within the Robert A.M. Stern-designed constructing embody an 82-foot saltwater pool, squash court docket, basketball court docket, non-public eating rooms and a screening room.
Dubbed the world’s most profitable condo, 220 Central Park South has attracted a number of the world’s wealthiest patrons, together with hedge funder Ken Griffin, who set a brand new document in 2019 when he paid $238 million for the quadplex penthouse on the constructing. Three years later, billionaire investor Daniel Och offered his penthouse within the tower for $190 million.
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