Manhattan’s Billionaire Condominium!

Source: therealdeal.com

Source: therealdeal.com

Still a year away from completion, the Robert A.M. Stern-designed limestone tower at 220 Central Park South in Manhattan is already well on its way to fame. With views that stretch from river to river and take in Central Park and the skyscrapers of Billionaires’ Row, 220 CPS will be one of New York City’s most desirable addresses.

Topping–literally–that 950-foot structure is a penthouse that defies any familiar descriptions. The four-floor, 23,000 square-foot, 16-bedroom, 17-bathroom luxury residence was created by combining an 11,000 square-foot duplex on floors 50 and 51 with three apartments on floors 52 and 53. Priced at $250 million, the palatial penthouse will have five balconies along with access to the building’s lavish amenities, including motor court, parking garage, bike room, full-time doorman and concierge, fitness center, juice bar, spa, swimming pool, squash court, basketball court, golf simulator room, weight room, yoga/pilates room, children’s amenity area, library, lounge, screening room, meeting room, private club-style dining room, wine cellars, and a communal terrace.

Nearly as impressive as the superlative-inspiring penthouse itself is the news that escrow is pending, with hedge fund dynamo Ken Griffin purported to be the buyer. Mr. Griffin can look forward to rubbing shoulders with Sting and his wife, Trudie Styler, who are reportedly considering the purchase of another condo in the building.

The $250 million price tag far exceeds recent $100+ million sales and even tops the $237 million sale of a 16,000 square-foot penthouse at One Hyde Park, in London.