It’s widely recognised that property builds wealth, but some locations seem to make more than others. One of those is 220 Central Park South in New York, where one owner has made US$100 million profit in three years!
Billionaire Daniel Och, who paid $93 million for his Central Park apartment in January 2019, has just sold it for $190 million. According to the Wall Street Journal, the sale marks one of the most expensive deals ever in New York. The buyer has not been disclosed.