Billionaire Ken Griffin’s home in the Waldorf Astoria has sold, but for more than 10-percent below the original asking price. Griffin put the home, along with a number of other luxury condos he owns in Chicago, on the market in July.
The Waldorf Astoria condo sold for just over $10 million. He originally bought the home for more than $13 million in 2014, so he was already taking a loss when he listed it.
The 7,400 square foot condo sits on the 37th floor of the building and has five-bedrooms. The buyer is not publicly identified.
The recent sale means there are now three properties that still belong to Griffin on the market in Chicago. A condo on the 66th floor of Park Tower is a full-floor condo with 8,000 square feet of space. It is listed at over $13 million.
The next available property is an unfinished condo at 9 West Walton Street. Listed for $14 million, it sits on the building’s 35th floor.
The final remaining condo is also in Park Tower. It’s listed for more than $15 million, and is a full floor, more than 9,200 square foot unit on the building’s top floor. He still owns the top three floors of 9 West Walton, but they are not currently on the market.
The billionaire originally listed the four luxury Chicago condos a few months ago and the unit in the Waldorf Astoria was the first one to sell. This comes after he decided to move his company and family to Florida.
He’s reportedly already purchased real estate totaling one billion dollars in Florida, including a $107 million dollar residence. It made history as the most expensive residential sale ever for Miami-Dade County.