Magnificent Houses: The Weill New York Penthouse
This stunning penthouse is among the most celebrated property in Manhattan, belonging to Sanford Weill, the former chief executive and chairman of Citigroup. Located in the 15 Central Park West apartment complex on Manhattan’s Upper West Side, this incredible penthouse is one of the more spectacular adresses on the market, with hopes of $88 million dollars, the proceeds going directly to charity. For the record, $88 million dollars is not a typo.
The Weill Penthouse is beautifully appointed, and offers uninterrupted sweeping views of Central Park and the Upper East Side.
The property was purchased for $43.7 million in 2007, which means Weill’s investment is effectively doubled assuming his asking price is met. And here’s a fun fact: if the property were to sell for the asking price, this would effectively value each room at approximately $9m. If a sale of $88m is achieved, it would be the most expensive residential transaction ever recorded in Manhattan