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Scandal-tainted Daniel Och’s four-bedroom New York penthouse sold for $190 million


In one of many priciest gross sales in New York actual property historical past, a four-bedroom penthouse condominium overlooking Central Park was bought for $190 million, the Wall Street Journal reported Thursday.

The vendor, scandal-tainted American billionaire Daniel Och, purchased the condominium solely two years in the past for half the worth at $93 million, in keeping with the Journal.

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The 9,800 square-foot (900 square-meter) condominium, situated at 220 Central Park South within the coronary heart of Manhattan, was some of the costly gross sales ever in New York, in keeping with the Journal.

The paper stated it went to an nameless purchaser.

A unique unit in the identical skyscraper was bought in 2019 by American hedge fund supervisor Ken Griffin for $238 million – the best quantity ever paid for a personal dwelling within the US, in keeping with the paper.

Och, 61, has a web value estimated by Forbes to be round $4.1 billion.

He based the New York-based funding agency Och-Ziff Capital Management, which modified its identify in September 2019 to Sculptor after a bribery scandal through which Och was instantly implicated.

The firm, which managed $37.5 billion as of final 12 months, paid $413 million in 2016 to settle expenses it bribed officers within the Democratic Republic of the Congo, Libya, and different African nations.

Och was personally concerned within the bribery, in keeping with the US Securities and Exchange Commission, authorizing two corrupt transactions within the Democratic Republic of the Congo.

When Och bought the Central Park penthouse in 2019, he had already modified his state of residence for tax causes to Florida, however deliberate to make use of the New York condominium as his pied-a-terre, the Journal reported.

Och nonetheless owns one other luxurious condominium across the nook, which he listed for $57.5 million in 2019, in keeping with the Journal, however he eliminated the itemizing 5 months in the past.

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