New York penthouse sells for $88 million

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A lavish New York penthouse with panoramic views of Central Park has become the most expensive apartment ever sold in the city. Russian fertiliser magnate Dmitry Rybolovlev – said to be the world’s 93rd richest man – spent $88m (£56m) buying the Central Park West pad.It is thought to be for his 22-year-old daughter, Ekaterina Rybolovleva. The 6,744 sq ft (627 sq m) apartment was sold by American Sanford Weill, a former head of banking giant Citigroup. The penthouse boasts a custom-made oval bedroom, a library, gallery, chef’s kitchen and a 2,100 sq ft (195 sq m) terrace running along three sides of the building. However, the apartment is not even thought to be the most expensive US property in Mr Rybolovlev’s portfolio. He is said to have paid closer to $100m for an investment property in Palm Beach, Florida in 2011.