A high-profile sale at 220 Central Park South has set the record for New York City’s most expensive deal of the year. Media executive Byron Allen sold his five-bedroom condo for $82.5 million just one year after purchasing it for $75 million. 

The buyer, connected to Huizenga Holdings, joins an elite group of owners in one of the city’s most exclusive addresses. Designed by Robert A.M. Stern, the limestone-clad tower is known for attracting billionaire buyers and record-breaking sales. 

The building holds the title for the most expensive home ever sold in the U.S. after Ken Griffin’s $240 million purchase in 2019. Other notable buyers include Joe Tsai, who spent $157.5 million on two units in 2021 and later acquired a $190 million penthouse in 2022.

(source: 6sqft, picture: Mohammadreza Mousavi)