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Saudi billionaire closes on city’s highest apartment for record $88M

The closing is one of the city's priciest apartment sales ever.

432 Park Avenue

Image via 6sqft

The most expensive apartment closing in New York City this year and one of the priciest sales ever is finally a done deal,reportsThe Real Deal. The apartment, the top penthouse at Rafael Viñoly-designed billionaire’s bunker432 Park Avenue, is the priciest unit in the big-ticket building as well as being literally the city’s highest. As 6sqftpreviouslyreported, the buyer is Saudi retail magnate Fawaz Al Hokair. The sale price was $87.7 million —a skyscraping $10,623 per square foot.

Read more at 6sqft...

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