Hedge Fund Titan Ken Griffin Reportedly Looking to Spend $200 Million on NYC Real Estate

Billionaire hedge fund honcho Ken Griffin is in talks to buy several properties at New York luxury development 220 Central Park South.

220-Central-Park-South-griffinBillionaire hedge fund titan Ken Griffin is quietly buying a $200 million-plus home at 220 Central Park South.
Despite reports that a Qatari mogul was closing in on a record $250 million spread at the under-construction tower to make a single penthouse in the sky, multiple sources tell Page Six the buyer is actually Griffin.
Chicago-based Citadel founder Griffin, 46, who is worth $7 billion, is still mired in an ugly divorce from his wife of 11 years, Anne Dias-Griffin, who is asking for $1 million per month in child support — in line with her current family expenditure.
But while the estranged couple battle over their homes in Chicago and Aspen, Colo., and at Manhattan’s 820 Fifth Ave., Griffin has gone on a spending spree at 220 Central Park South, the Robert A.M. Stern-designed, 950-foot-tall tower, where prices run from $30 million to $160 million-plus.
A source tells us, “Griffin is looking to combine multiple apartments into one property. The deal is worth more than $200 million.”
If Griffin goes ahead with the purchase, it would be one of the priciest pads in New York City. But the deal is not expected to close for up to two years once construction is completed.

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A rep for Griffin, whose fund manages $26 billion in assets, declined to comment on his bumper buy at the building.
But Griffin can afford it. Papers filed in the divorce revealed his monthly gross income “approaches $100 million,” and his net monthly income after taxes “averages more than $68.5 million” — which works out to more than $2.2 million a day.

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Ken Griffin, chief executive officer and founder of Citadel LLC, left, and Henry Kravis, co-chairman of KKR & Co., converse during the Museum of Modern Art's "Party in the Garden" at the museum's garden in New York, U.S., on Tuesday, May 21, 2013. The event raised more than $4.1 million. Photographer: Amanda Gordon/Bloomberg via Getty Images

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