Billionaire Joe Tsai Is the 'Mystery Buyer' Behind $157 Million Manhattan Apartment Deal – NBC10 Philadelphia
Thanks in part to Griffin's purchase, as well as blue-chip buyers like Sting and Daniel Och, 220 Central Park South has continued to soar in value even through the pandemic, and it's more than 90% sold out. The units purchased by Tsai both sold for more than than their original sale price. The 61st floor sold for $51.4 million last year, while the 60th floor sold for $50.9 million. A spokesperson for Tsai didn't immediately comment. The purchase comes at a sensitive time for Tsai and Alibaba. Alibaba shares have fallen by a third since October, and Chinese authorities are cracking down on the...