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Penthouse in New York

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The new year is coming up and everyone dreams about winning the national lottery prize and the things they can buy. Russian billionaire spent $ 88 million in one go. What's more there was only one item on his list; a penthouse in New York. The 626 square meter and 10 room penthouse is located in one of the most expensive neighborhoods in New York's Manhattan island. It features a panoramic view of Central Park.

The price paid for this penthouse is $ 88 million. This is the largest amount of money paid for a penthouse in New York. Dmitry Rybolovlev who is one of the richest businessmen in Russia and the world bought the luxurious penthouse that offers a spectacular view of the city for his daughter.

22 year old Ekatarina Rybolovlev who owns the most expensive home in the city is a university student. Dmitry Rybolovlev is the ninth richest person in Russia and the 93rd in the world, with an estimated net worth of around $ 9.5 billion.

The previous owner of the apartment was Sandy Weill, the ex-Citigroup chairman, who promised at the time he listed the condo that he would donate all proceeds from the sale to charity. It’s not yet known if Mr. Weill has lived up to his promise.

Speaking to Forbes, Jonathan Miller of the Miller Samuel real estate appraiser said that the sale smashed the previous record in New York for a single property transaction.

The price of the apartment works out to be around $13,000 a square foot, more than double the original $6,400 per square foot that Sandy Weill paid for the property when he first bought it. The condo, which is located at 15 Central Park West, Manhattan, boasts ten rooms in total, four of them bedrooms, two wood burner fireplaces and a wrap-around terrace that extends for more than 2,000 square feet.

According to Forbes, the previous record for a single sale in New York was a $53 million for a townhouse in the city, a deal which took place before the recession.

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