2019-01-26cnn.com

The most expensive home in the country sold in New York for $238 million. Hedge fund billionaire Ken Griffin closed on the Manhattan property at 220 Central Park South on Wednesday his spokesperson said.

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Miller said when he first heard about the property at 220 Central Park South in 2014 it was listed for $250 million. "The sale for $238 million has nothing to do with the current market. It has everything to do with 2015, which was around peak luxury," he said. "In New York the top end is softening right now because of over-development."



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