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220 Central Park South (Photos via Vornado; Getty)
The biggest residential deals of 2020 are reminiscent of a different time one when the luxury market wasn’t at the mercy of a downturn and a pandemic.
The 10 most expensive home sales were all at the same address: Vornado Realty Trust’s 220 Central Park South. The deals all went into contract years before, between 2015 and 2019. And the buyers are all unknown, their identities masked by limited liability companies or other business entities, including a trust. The deals ranged from $99.9 million for the largest sale to $53.6 million for the tenth-largest transaction.
Only when
TRD’s analysis of property records was broadened to consider the top 20 residential deals did trades outside of Steve Roth’s towering condo project appear. And even then, 220 Central Park South accounted for 16 of the 20 spots. ....

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