New York apartment goes for $88m
New York - The family of a Russian billionaire has bought a New York penthouse apartment for $88m.
The Wall Street Journal says the property on Central Park West is now the most expensive apartment in the city.
The seller of the apartment was Sanford I Weill, the former head of Citigroup Incorporated. It was bought by a trust for the daughter of Russian billionaire, Dmitry Rybolovlev.
The deal closed on Wednesday.
Weill previously said he plans to donate the proceeds of the sale to charity.