Why billionaire Ken Griffin can snag property tax bargain

Discussion in 'Wall St. News' started by dealmaker, Feb 28, 2019.

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    dealmaker

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    dealmaker

    NEWSHedge Fund Manager Ken Griffin Spends $238M for Penthouse at 220 Central Park South (TheJewishVoice)
    The phrase “sky high” used to refer only to the skyscrapers that fill Manhattan. Now it refers to the dizzying prices being paid for them. Case in point: 220 Central Park South. Celebrated hedge-fund manager Ken Griffin recently spent $238 million for a penthouse there. In January, Brazilian construction and cement magnate (Camargo Correa) Renata de Camargo Nascimento is reported to have laid down $30.191 million for an apartment on the 33rd floor. A firm linked to Albert P. Behler, Chairman/CEO of real estate conglomerate Paramount Group, plunked down $33.5 million for an apartment on the building’s 35th floor in February.
     
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