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Casino mogul Steve Wynn to take a hit on his NYC penthouse — 4 years after listing it for $90M
Steve Wynn has found a buyer for his Central Park South penthouse, which was under contract earlier this month at its current asking price of $70 million. Wynn paid the same amount for the home in 2012, so the sale is expected to be a loss once his investment in it is taken into account, though the final price and renovation costs are unknown.
The 10,875-square-foot, two-storey residence occupies the 30th and 31st floors of the Ritz-Carlton Residences and has three bedrooms, views of Central Park and the city, and the building’s largest terrace. It was listed for $90 million in 2022, then changed price several times. The deal follows Wynn’s July sale of his Beverly Hills estate for $47.75 million, after it had been listed for as much as $115 million.
In short
- Wynn’s penthouse is under contract at a $70 million asking price.
- He paid $70 million for it in 2012.
- The final sale price and his investment costs are unknown.