Billionaire Daryl Katz Scoops Up Manhattan Condo for $36M
American Luxury Staff June 15, 2023
Lifestyle
American Luxury Staff June 15, 2023
Lifestyle
In the last two years of the last decade, Edmonton Oilers owner Daryl Katz closed on two larger-than-life Los Angeles-area properties. This summer, Katz went shopping on the ‘other’ coast, and emerged with the keys to a 54th-floor condo.
The property Katz added to his portfolio is a residence located in a Manhattan high-rise condo: Robert A.M. Stern’s 2015 work in limestone, 220 Central Park South. The unit changed hands for $36 million in an off-market deal, according to The New York Post. Not quite the $238 million Ken Griffin paid for three floors’ worth of 220 CPS, but it tickled the real estate Richter anyway.
Katz’s West Coast property antics include forking over $120 million for a fully furnished Malibu contemporary with a sprawling footprint and, in the process, setting a record in 2018. In 2019, Spelling Manor, for which Katz paid Petra Ecclestone a shadow under $120 million; the absurdly large mansion — it has 120 rooms, plenty of space to hide in when ducking ennui — had asked as much as $200 million during its four years on and off the market.
Katz’s net worth is around $4.4 billion, according to Forbes.
Stay up to date on the latest real estate trends.
Buyer
January 15, 2025
Buyer
January 14, 2025
We’re officially in the winter stretch, and in many parts of the country, temperatures have plunged—leaving many homeowners struggling with how to beat the chill.
Lifestyle
January 14, 2025
A cup of coffee is the quintessential staple of a morning routine—at least in the U.S.
Buyer
January 14, 2025
Have you ever stopped to think about how much wealth you’ve built up just from being a homeowner?
Lifestyle
January 13, 2025
As harrowing and out-of-touch as show business can be, celebrities’ most-relatable sides are exposed in the bonds they share with their pets.
Buyer
January 13, 2025
Ferguson Partners, the Chicago-based talent management and strategic advisory firm for the real estate sector, announced the results of its first Artificial Intelligen… Read more
We Guide Homeowners through the complicated process of selling their home using our 4 Phase Selling Process and 3 Prong Marketing Strategy that alleviates their stress and moves them effortlessly to their next destination. Schedule a 15 Minute Complimentary Strategy Session Today