The Wall Street Journal - 09.08.2019

M2| Friday, August 9, 2019 THE WALL STREET JOURNAL.

Billionaire Investor

Daniel Och Lists

Los Angeles Spec Home asks $33 million.M10

Media CEO

Byron Allen Buys

Byron Allen, the Los An-

geles-based comedian

turned media entrepre-

neur, is among the latest

buyers to purchase at 220

Central Park South, the

Billionaires’ Row mega-

tower where hedge fund

manager Ken Griffin set a

new home price record

earlier this year.

Mr. Allen paid $26.75

million for a more than

3,000-square-foot, three-

bedroom unit at the build-

ing last month, according

to a person familiar with

the deal.

Mr. Allen, 58, is the

founder and

chief executive

of Entertain-

ment Studios,

which owns the

Weather Chan-

nel and recently

partnered with

Sinclair Broad-

cast Group to buy 21 re-

gional sports networks

from Walt Disney Co.

for $10.6 billion.

The property

adds to Mr. Al-

len’s growing

portfolio. In

June, he pur-

chased a $19.85

million home in Bev-

erly Hills, records show.

Last year, he bought a

nearly $23 million retreat

on the island of Maui in

Hawaii, according to a per-

son familiar with the deal.

The towering limestone

New York building com-

prises an 18-story “chalet”

fronting the street, with a

79-story tower behind.

It has private dining

rooms, an ath-

letic club, a li-

brary, a juice

bar, a basketball

court and a golf

simulator.

Mr. Allen is

the latest in a

long line of big

name buyers who have

inked deals at the build-

ing.

Mr. Griffin closed on a

roughly 24,000-square-

foot penthouse, for about

$238 million in January.

His was the largest resi-

dential deal ever closed in

the U.S.

Rana Williams of Keller

Williams NYC represented

Mr. Allen in the deal. Corc-

oran Sunshine Marketing

Group heads sales at the

building.

—Katherine Clarke

ALLISON SCOTT/THE WALL STREET JOURNAL; GETTY IMAGES (ALLEN)

PAID

$26.75

MILLION

3,000 sq. ft.

3 bedrooms

Och-Ziff Capital Management founder Daniel Och is list-

ing his penthouse at Manhattan condominium 15 Central

Park West for $57.5 million, joining a number of high-pro-

file owners to trade the Upper West Side building for the

newly built nearby tower 220 Central Park South.

Mr. Och purchased the Central Park West apartment for

nearly $22 million in 2008, records show. He bought it as a

white box and hired interior designer Tony Ingrao to re-

configure and design it, according to listing agent Deborah

Kern of the Corcoran Group. The apartment spans more

than 4,700 square feet plus about 1,600 square feet of exte-

rior space across two terraces.

With views of Central Park, the

Manhattan skyline and the Hudson

River, it currently has three bed-

rooms and a library, but the library

could be converted to another bed-

room, Ms. Kern

said. An open-

plan living room

has a decorative

ceiling and french

doors leading to

a Juliet balcony

overlooking Cen-

tral Park. A din-

ing room has syc-

amore-wood veneer paneling.

Fifteen Central Park West has a

fitness center, an indoor swimming

pool, a screening room, a private

restaurant and two separate en-

trances, including a gated motor

court. Since it was completed in

2007, the building has been known as one of Manhattan’s

most exclusive condos, attracting celebrities such as Denzel

Washington and the musician Sting. Sanford Weill, the for-

mer Citigroup chairman, sold his apartment there for $88

million in 2011, a Manhattan record at the time.

But in recent years a number of 15 Central Park owners

have moved to 220 Central Park South, a taller building de-

veloped by Vornado Realty Trust and completed this year.

Sting, for example, sold his unit at 15 Central Park West

last year for $50 million and picked up a $67.5 million

penthouse at the nearby tower, records show. Both proper-

ties are designed by Robert A.M. Stern Architects.

“Fifteen Central Park West was the first of its kind, but

people always want to be in the most updated product,”

said Frances Katzen of Douglas Elliman, who is not in-

volved in the deal.

Mr. Och declined to comment on his reasons for selling.

—Katherine Clarke

EVAN JOSEPH (3)

FOR SALE

$57.5

MILLION

Open-plan

living room

Two terraces

Och

and Allen

will be neighbors

with Ken Griffin and

Sting at 220

Central Park

South

Two Big Moves on Central Park

NY property offered for sale by Engel & Volkers Lake Placid (Lic#10331202665). Listing agent Colleen Holmes (Lic#10371200222). NH property offered for sale by The Petersons Inc. (Lic#009850). Listing agent Andrew R. Peterson (Lic#009851). ME property

offered for sale by the Knowles Company (AC90600727). Listing agent Susan M. Ferrante-Collier (BA95243). KS property offered for sale by Malfer & Associates, an affiliate of Reece & Nichols Real Estate. (Lic#BO00000094). Listing agent Kristin Childress Malfer

(Lic#00219943). MN property offered for sale by Edina Realty (Lic#9975), an affiliate of Berkshire Hathaway HomeServices. Listing agents Gary Wahman (Lic#40422236) and Susan Wahman (Lic#20418269). © 2019 BHH Affiliates, LLC. An independently owned

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