Billionaire developer Stephen Ross’ former penthouse in Lincoln Square just traded for $50.7 million. The latest deal for the condo at 25 Columbus Circle was significantly more than its last purchase price in 2023, when Ross, the chairperson of Related Companies, sold it for $40 million, according to public records. The most recent sale works out to roughly $6,200 per square foot, up from $4,800 per square foot. The apartment, Unit PH80, sold in an off-market deal to a buyer whose identity is shielded by an anonymous LLC registered in Delaware. The seller is also an anonymous shell company. The […]
This article originally appeared on The Real Deal. Click here to read the full story.