Billionaires are dropping $70M on Manhattan apartments

Billionaires are spending as much as $70million to live in a Manhattan high rise overlooking Central Park.

The Robert AM Stern-designed building at 520 Park Avenue has 62 stories, 33 units and is topped by a $130million triplex penthouse.

Among the buyers of units in the new tower are the former owner of UFC, the billionaire founder of Dyson appliance company, and the ex-CEO of Barclays.

It was revealed last month that Frank Fertitta, the former owner of the mixed-martial-arts UFC organization, had bought a penthouse for $70million

The Robert AM Stern-designed building at 520 Park Avenue has 62 stories, 33 units and is topped by a $130million triplex penthouse. It was revealed last month that Frank Fertitta, the former owner of the mixed-martial-arts UFC organization, had bought a penthouse for $70million

Another buyer, James Dyson, is in a contract to purchase a 138-square-foot, six-bedroom duplex penthouse for between $73million and $83million

The building, built by the Zeckendorf Development Company, is expected to be finished by the third quarter of 2018

Another buyer, James Dyson, is in a contract to purchase a 138-square-foot, six-bedroom duplex penthouse for between $73million and $83million. 

It was revealed last month that Frank Fertitta, the former owner of the mixed-martial-arts UFC organization, had bought a penthouse for $70million.

Another buyer, Dyson company founder James Dyson, is in a contract to purchase a 138-square-foot, six-bedroom duplex penthouse for between $73million and $83million, sources told The New York Post. 

And Bob Diamond, the former CEO of Barclays, is moving from the west side after selling his 15 Central Park West penthouse for $50.55 million.

He has reportedly bought a full-floor 4,628-square-foot unit in 520 Park Avenue for between $20million and $40million.

Bob Diamond, the former CEO of Barclays, is moving from the west side after selling his 15 Central Park West penthouse for $50.55 million

He has reportedly bought a full-floor 4,628-square-foot unit in 520 Park Avenue for between $20million and $40million

Bob Diamond, the former CEO of Barclays, is moving from the west side after selling his 15 Central Park West penthouse for $50.55 million. He has reportedly bought a full-floor 4,628-square-foot unit in 520 Park Avenue for between $20million and $40million

Approximately 50 per cent of the units at the 824-foot-tall building are reportedly accounted for already, even though the building isn’t finished.

The Tower, built by the Zeckendorf Development Company, is expected to be finished by the third quarter of 2018.

According to Curbed, some of the amenities being offered at 520 Park Avenue are a bi-level health and fitness center, a swimming pool room with hand-carved stone walls, a spa area, a children’s playroom, a screening area, and a private wine cellar.

Individual units boast foyers, Appalachian white oak floors and marble kitchen counters and bathrooms.

The triplex unit also has a 1,257-square-foot terrace with views of Central Park to the north.

Read more at DailyMail.co.uk