{"id":201126,"date":"2026-04-17T20:16:08","date_gmt":"2026-04-17T20:16:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/201126\/"},"modified":"2026-04-17T20:16:08","modified_gmt":"2026-04-17T20:16:08","slug":"ken-griffin-spends-38m-for-neighbors-home-at-740-park","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/201126\/","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":2,"featured_media":201127,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[5462,3968,27947,2999,17165,18649,1023,75,9,24,56,63,65,64,467,1491,3006,466],"class_list":{"0":"post-201126","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york-city","8":"tag-architecture","9":"tag-billionaires","10":"tag-david-koch","11":"tag-historic-buildings","12":"tag-jacqueline-kennedy-onassis","13":"tag-ken-griffin","14":"tag-luxury-real-estate","15":"tag-manhattan","16":"tag-new-york","17":"tag-new-york-city","18":"tag-ny","19":"tag-nyc","20":"tag-nyc-headlines","21":"tag-nyc-news","22":"tag-park-avenue","23":"tag-real-estate","24":"tag-residential-real-estate","25":"tag-upper-east-side"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/201126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=201126"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/201126\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/201127"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=201126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=201126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=201126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}