Daniel Och, the founder, chairman and former CEO of global hedge-fund Och-Ziff Capital Management Group, has sold his penthouse condominium at 220 Central Park South for $190 million. He is pictured here in 2018
A billionaire hedge fund owner has sold his penthouse condominium overlooking Central Park for $190 million – double what he purchased it four just two years ago.
Daniel Och, the founder, chairman and former CEO of global hedge-fund Och-Ziff Capital Management Group, purchased the penthouse condo at 220 Central Park South in Manhattan’s infamous Billionaire’s Row in 2019 for $95 million in 2019. At the time, it was the third priciest apartment ever sold in the Big Apple.
Och had also purchased a smaller studio apartment on a lower floor of the building, and had planned to keep the pricey New York pad as a pied-a-terre, the Wall Street Journal reports, using it on occasion when he returned to New York from Florida – where he relocated for tax purposes.