Billionaire Dan Och Takes $190M for Manhattan Penthouse—Double What He Paid Two Years Ago

Billionaire Dan Och Takes $190M for Manhattan Penthouse—Double What He Paid Two Years Ago

Published: January 18, 2022 | By: American Luxury Staff

220 Central Park South, perhaps the highest-profile residential building in New York, has accumulated about $3 billion in total sales since it opened in 2018.

A partial list of current or past owners of units in the Robert A.M. Stern-designed condo development includes such names as: Sting and Trudie Styler, who dropped $65.8 million on a unit in the building; Alibaba Group co-founder Joe Tsai, who spent $157 million at the address; hardware billionaire Eric Smidt, who bought into the building with $61 million; and hedge fund manager Ken Griffin, who shelled out $238 million for a four-level home in the complex and set a record in doing so.

And Dan Och, an investor who recently sold his units at the address. The sale made Och a not-so-small fortune, and represents a resume-worthy coup of a return. In December of 2019, the Och-Ziff Capital Management Group founder picked up the penthouse residence and a lower-floor studio unit for staff for a combined $95 million. As a testament to the popularity of the building, and the status it affords owners who hang their hat there, Och sold the penthouse recently for a cool $190 million, according to The Wall Street Journal.

The duplex’s interiors span nearly 10,000 sq. ft. There are four bedrooms, five full baths and two partial baths in its layout. It features an 800 sq. ft. terrace.

Och’s net worth is around $4 billion.

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