Illinois' Richest Man Signs What May Be Country's Most Expensive Lease Ever

Citadel founder/CEO Ken Griffin, Illinois' richest man, continues to send shock waves across New York's real estate landscape. Citadel signed NYC's most expensive lease ever at L&L Holdings' under-construction 425 Park Ave. Citadel is leasing 200k SF on the penthouse level for a reported $300k per SF.

The lease may also be the most expensive in the nation's history. Griffin, whose net worth is $7B, is also looking to close on a $200M condo at 220 Central Park South, dubbed the "billionaire's bunker." That makes Griffin responsible for the largest residential buy in the country's history. Read all about the lease in our NY pub.

Continue reading this story with a free account

Log in or register
Related Topics: Citadel , Ken Griffin , L&L Holdings
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

108-Acre Hawthorne Race Course Buyer Could Put Data Center On Site

NYC Office Investor Warns It Could Go Under As Defaults Pile Up

Deutsche Bank Takes 5 Floors At Oaktree And Quadrant's Canary Wharf Scheme

Coconut Grove Office Flipped For $15M Gain After One Year

D.C.'s Office Market Is Getting A Makeover

Oxford Properties Pays $435M For Boston Office Tower, Eyes More Deals

Oak Brook Investor Scoops Up Suburban Multifamily Community: The Chicago Deal Sheet

Judge Rules FBI Can't Scrap Maryland Headquarters Plan

EXCLUSIVE: Opal Holdings' Former 700K SF Suburban Chicago Office Campus Hits The Market

Judge Approves $70M Sale Of Philly's Largest Office Complex

Big-Box Deals Push Chicago Industrial Leasing Into National Top 3