{"id":736054,"date":"2026-04-18T05:44:42","date_gmt":"2026-04-18T05:44:42","guid":{"rendered":"https:\/\/www.europesays.com\/us\/736054\/"},"modified":"2026-04-18T05:44:42","modified_gmt":"2026-04-18T05:44:42","slug":"ken-griffin-spends-38m-for-neighbors-home-at-740-park","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/736054\/","title":{"rendered":"Ken Griffin spends $38M for neighbor’s home at 740 Park"},"content":{"rendered":"

Call him the king of the block. Ken Griffin has been on a shopping spree<\/a> and he isn\u2019t done buying.<\/p>\n

The Citadel founder and hedge fund billionaire quietly scooped up a duplex at 740 Park Ave. this month for $38 million in an off-market transaction, sources told the Wall Street Journal.<\/a>\u00a0<\/p>\n

The unit sits directly next door to the apartment he purchased last year for $45 million from Julia Koch, widow of the billionaire industrialist David Koch.<\/p>\n

Ken Griffin, the Citadel hedge fund billionaire, paid $38 million for a duplex at 740 Park Ave. this month in an off-market deal, adding it to the $45 million apartment he bought next door last year from Julia Koch. Getty Images<\/p>\n

The seller, who purchased the unit through a trust for $20.5 million in 2019, has not been identified. Robert Miller<\/p>\n

The seller, who acquired the unit through a trust for $20.5 million in 2019, has not been publicly identified.<\/p>\n

When the duplex last hit the open market in 2018 with a $22.5 million ask, it boasted roughly 7,500 square feet across five bedrooms, featuring no fewer than 41 windows, 21 closets and three woodburning fireplaces.\u00a0<\/p>\n

Marketing photos revealed a library, a formal dining room, a private elevator vestibule and a grand foyer anchored by a sweeping curved staircase. Whether subsequent owners touched any of it remains unknown.<\/p>\n

The address itself needs no introduction. Built around 1930 by James T. Lee, grandfather of Jacqueline Kennedy Onassis, 740 Park has long been the city\u2019s most coveted cooperative.\u00a0<\/p>\n

The duplex spans roughly 7,500 square feet with five bedrooms, three fireplaces and a grand staircase foyer. AFP via Getty Images<\/p>\n

Cosmetics heir Ronald Lauder has called it home, as has hedge fund billionaire Israel Englander. So has much of New York\u2019s old-money aristocracy. Even as demand for trophy co-ops softens citywide, this building holds its ground.<\/p>\n

Griffin\u2019s intentions for the latest acquisition are unclear. The Post has reached out for comment.<\/p>\n

The financier already owns an apartment at 220 Central Park South, widely regarded as the finest condominium tower in the city, for which he paid roughly $238 million \u2014 a national record \u2014 in 2019.\u00a0<\/p>\n

Beyond Manhattan, his property portfolio spans a $122 million London mansion steps from Buckingham Palace, an $84.45 million Hamptons compound, and a collection of residences across Miami Beach and Palm Beach, including the $1 billion home<\/a> dubbed the most expensive in the world.<\/p>\n","protected":false},"excerpt":{"rendered":"Call him the king of the block. Ken Griffin has been on a shopping spree and he isn\u2019t…\n","protected":false},"author":3,"featured_media":736055,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5122],"tags":[5229,2513,244,95178,42131,59360,104760,5418,5249,405,403,5226,5225,5228,5227,23099,4329,10204,67,586,132,5230,26318,68,2969],"class_list":["post-736054","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-america","tag-architecture","tag-billionaires","tag-david-koch","tag-historic-buildings","tag-jacqueline-kennedy-onassis","tag-ken-griffin","tag-luxury-real-estate","tag-manhattan","tag-new-york","tag-new-york-city","tag-newyork","tag-newyorkcity","tag-ny","tag-nyc","tag-park-avenue","tag-real-estate","tag-residential-real-estate","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-upper-east-side","tag-us","tag-usa"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116424125163252000","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/736054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=736054"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/736054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/736055"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=736054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=736054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=736054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}