Musician Gordon ‘Sting’ Sumner splashes $AU96.6 million on New York apartment
Musician Gordon Sumner (pictured, top), otherwise known as Sting, has spent US$65.7 million ($AU96.6 million) on a penthouse within New York’s new 220 Central Park South.
The deal first went into contract in 2016, sens sale price.
But it was listed by Vornado Reality Trust with a price tag of US$70 million ($AU102.9 million).
The 539.5 square metre dwelling is the top residence within the villa portion of the development which faces Central Park.
There are 10 units within this 18-storey villa, according to The Real Deal, which first reported the sale price in this item.
Designed by esteemed architect Robert A.M Stern, the 220 Central Park South complex also contains 79-storey tower with 116 dwellings.
Both buildings will be clad in Alabama Silver Shadow limestone.
Based on the sale price Mr Sumner, 67, and his wife, Ms Styler, are paying, every square metre of the apartment is valued at $AU179,055.
Last year, the couple sold a duplex apartment elsewhere in New York, and also designed by Robert A.M Stern, at 15 Central Park West, for US$50 million ($AU73.5 million).
The deal reflected a substantial capital for the pair who paid US$27 million ($AU39.7 million) for it in 2008.
The 220 Central Park South complex Mr Sumner and Ms Styler are buying into is dubbed “the billionaire row building”.
Most of the dwellings are priced from US$13 million ($AU19.1 million) and US$39 million ($AU58.8 million) and offer postcard Central Park vistas. An off-street motor court, with mature trees, private dining rooms and entertainment areas, a spa and gym, also form part of the project.
The development made headlines in January when hedge fund executive Ken Griffin paid US$238 million ($AU350 million) – a record price for a US apartment – for the tower penthouse.
According to The Real Deal, other 220 Central Park South buyers include Albert Behler, the CEO of Paramount Group, who spent $US33.5 million ($AU49.3 million) for a suite on the 35th floor. Daniel Och, of Och Ziff Capital Management is another investor.
Mr Sumner rose to fame as a solo artist after separating from band The Police where he was singer, bass player and a songwriter. He went on to win 17 Grammy awards and a place on the Hollywood Walk of Fame.
His single Every Breath You Take is one of the most played songs in the history of radio.
In 2003, Mr Sumner received a CBE (Commander of the Most Excellent Order of the British Empire) from Queen Elizabeth II for his contribution to music.
The entertainer has four children with wife Ms Styler, who he married in 1992. An actress, Ms Styler was like Mr Sumner, born in England.
In June we reported that Jeff Bezos outlaid $AU114 million for a New York apartment at 212 Fifth Avenue.
The Amazon founder reportedly inspected the new 220 Central Park South apartments before deciding to amalgamate three residences forming the top three levels of the historic 24-floor Gothic building.
