Valery Kogan, a Russian billionaire, has sold his lavish penthouse at 15 Central Park West for $33.89 million, down from its initial list price of $65 million. The penthouse, decorated in an opulent 'extreme-Versailles' style with 24-karat ornaments, was part of a broader sell-off due to financial pressures following the invasion of Ukraine. The sale includes the furniture, and the new owner plans to keep the original design by Robert A.M. Stern. Kogan is also facing legal issues regarding his ownership of Domodedovo airport in Russia.
The ritzy residence - which boasts 24-karat ornaments in what can be characterized as an 'extreme-Versailles' style - once faced foreclosure.
The sale, at the prestigious 15 Central Park West, also includes the furniture, highlighting the luxury lifestyle associated with the penthouse.
At first listed for $65 million in 2023 as part of their real estate sell-off following Russia's invasion of Ukraine, it sold for $33.89 million.
The new buyer is hoping that the same team can 'refresh' the penthouse to keep it exactly the same, maintaining its lavish character.
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