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.
Lifestyle
February 10, 2025
The U.S. is full of contradictions worth exploring, according to a comprehensive new report on the state of national well-being.
Lifestyle
February 10, 2025
When Michelle Kloese was 35, she started to gain weight.
Lifestyle
February 10, 2025
Women, on average, live longer lives than men—yet a new research survey finds men are more confident in their chances of living a long life.
Seller
February 9, 2025
Hosting and entertaining guests brings so much warmth and vivaciousness into your space, even though parties can sometimes feel cramped in a small home or apartment.
Lifestyle
February 9, 2025
As children grow older, the needs of working parents shift significantly, yet workplace support often lags behind.
Lifestyle
February 9, 2025
A collection of indoor plants can immediately elevate an interior, bringing in much-needed color, life, and natural texture.
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