Saturday, January 13, 2018

"Citadel’s Ken Griffin revealed as buyer of Chicago’s priciest home"

There are no hundred-million-dollar residences in Chicago.

From The Real Deal:
Daytona Beach-born hedge fund manager Ken Griffin bought the top four floors of JDL Development’s unfinished Chicago condo tower, No. 9 Walton, for $58.5 million.

The deal, which took place in November 2017, is the most expensive home sale ever made in the Chicago area — and, according to Crain’s Chicago, the bill could climb even higher to around $80 million as the expansive unit still needs to be finished. (The previous record-holding sale was a four-acre estate in Glencoe which sold for $19.5 million in 2014.)

Griffin’s condo, one of a handful of the building’s 71 units that was purchased unfinished, has 12 to 18-foot high ceilings — an element that seems to have been customized for Griffin, reports Crain’s — with outdoor areas on each floor, panoramic views and a private pool.,,,MORE