Sting drops $66M on penthouse in millionaire-magnet 220 Central Park South
Photo of 220 CPS via CityRealty; photo of Sting via Wiki Commons
It’s been three years since rumors surfaced that Sting and wife Trudie Styler were in negotiations to buy an apartment in ultra-exclusive 220 Central Park South. Since then, they sold their nearby 15 Central Park West penthouse for $50 million and reportedly rented a swanky pad at Zaha Hadid’s High Line condo. But now The Real Deal has confirmed those early whispers and reports that the couple has purchased a $66 million penthouse at the Central Park South building, which has become a magnet for high-wealth house hunters after hedge funder Ken Griffin dropped $238 million on a residence there, becoming the most expensive home in the country.
Sting clearly has a penchant for classical, limestone architecture, as both 15 Central Park West and 220 Central Park South were designed in Robert A.M. Stern’s signature style. He and Styler bought their home in the former building–a 16th- and 17th-floor penthouse–in 2008 for $26.5 million. They listed it for a whopping $56 million in May of 2017 after combining the two floors and outfitting the 5,400-square-foot pad with two sculptural spiral staircases, a double-sided spiral gas fireplace, and a kitchen with four ovens and three dishwashers. The home sold five months later for a slightly reduced $50 million.
According to property records first spotted by The Real Deal, Sting used his real name, Gordon M. Sumner, to purchase his new home, closing on July 16th for $65.7 million. The 5,807-square-foot penthouse is located in the 18-story villa portion of the through-block project (right in front of the 65-story tower). The villa faces the park and has only 10 units total. The condo was originally listed for $70 million; Sting’s final price works out to $11,313 per square foot, much higher than the $6,584/foot average (according to CityRealty).
Listings and interior views for 220 Central Park South are generally kept under wraps, but a recent rental listing shows herringbone floors, custom moldings and millwork, and plenty of marble in the kitchens and baths. Amenities include an 82-foot saltwater pool, a fitness center with a squash court and yoga room, library, screening room, outdoor terraces, and a garage. It was also reported earlier this week that famed restauranteur Jean Georges might be opening a residents-only restaurant in the building.
Of course, the famous resident is billionaire Ken Griffin who set a national record when he closed on the penthouse for just shy of $240 million (and then said he only planned to use it as a pied-à-terre). However, other moneyed buyers include Albert Behler, chairman and chief executive of real estate investment trust Paramount Group, who bought a 35th-floor unit for $33.5 million; Brazilian billionaire Renata de Camargo Nascimento, who paid $30.19 million for an apartment on the 33rd floor; and Daniel Och of Och-Ziff Capital Management. In April, it was reported that Jeff Bezos was looking at $60 million apartments in the building, though nothing was ever confirmed.
[Via TRD]
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