At one of the highest real estate prices in the history of New York real estate, a four-room penthouse overlooking Central Park sold for 165.7 million euros, as the Wall Street Journal wrote yesterday.
The seller, American billionaire Daniel Oh, had bought this apartment just two years ago at half price, according to the publication.
The 900-square-foot apartment, located on the 220 Central Park South skyscraper in the heart of Manhattan, was one of the most expensive home sales in New York when it was bought by Oh, according to the report, which states that the new its buyer has not been identified.
The 61-year-old Oh has a fortune estimated, according to Forbes, at around 3.5 billion euros.
He is the founder of the New York-based investment company “Och-Ziff Capital Management”, which changed its name in September 2019 and was renamed Sculptor after a bribery scandal in which Oh was directly involved.
In 2016, the company paid $ 413 million to settle allegations that it bribed officials in the Democratic Republic of the Congo, Libya and other African countries.
According to the US Securities and Exchange Commission, Oh was personally involved in the corruption case after ordering two illegal transactions in the DRC.
When he bought the penthouse in Central Park in 2019 he had already changed his place of residence for tax purposes having moved to Florida but planned to use this apartment in New York as a casual residence, according to the publication.
Source: AMPE
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Source From: Capital
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