Citadel CEO Ken Griffin lists Chicago condos for sale as he prepares to move his hedge fund to Miami – Chicago Tribune
Ken Griffin, the billionaire founder and CEO of hedge fund Citadel LLC, who recently announced plans to move his business and family from Chicago to Miami, has started to keep his word.
Late Tuesday, Griffin listed two two-story penthouse condominium units he owns atop the Park Tower on North Michigan Avenue for $15.75 million and $13.25 million, respectively. He has also listed his own residence, a five-bedroom, 7,400-square-foot condo on the 37th floor of the Waldorf Astoria building on the Gold Coast for $11.5 million.
Separately, in a more low-key move, Griffin also listed an unfinished condominium unit nearly 7,100 square feet comprising the entire 35th floor of the building at 9 W. Walton Street on Tuesday for $14 million.
Griffin had not recently lived in the two Park Tower units, although he previously lived in the top-floor unit. Lately, his legal residence has been the 37th-floor single-story unit of the Waldorf Astoria building on the Gold Coast, which he bought in 2014 for $13.3 million. And by the end of 2017, he paid a total of $58.75 million in four separate transactions for the top four floors of the building at 9 W. Walton Street, though he never finished or moved in. in these units.
In the Park Tower, Griffin paid $6.9 million in 2000 for the top floor of the 67-story building. He followed that up by paying $15 million in 2012 for the one-story unit below on the 66th floor. Then, after her divorce from her second wife, Anne Dias Griffin, she sold her share in the 67th-floor condo to her ex-husband for $11.75 million.
Griffin is seeking $15.75 million for the six-bedroom, 9,250-square-foot duplex penthouse on the 67th floor of Park Tower. The unit features seven bathrooms, 14 foot ceilings, custom millwork, a kitchen with a large dining area, and a master bedroom with his and hers vanities and a huge walk-in closet. The 67th-floor penthouse also has three private outdoor spaces, including a custom hot tub on a deck, a semi-enclosed balcony, and a 400-square-foot rooftop terrace with a custom kitchen above the building.
On the 66th floor, Griffin is seeking $13.25 million for the four-bedroom, 8,000-square-foot unit, which includes four full bathrooms and two half bathrooms.
Reached by telephone on Tuesday evening, listing agent Susan Miner of Premier Relocation declined to comment on the Park Tower listings.
Griffin’s 2012 $15 million purchase price for the 66th-floor unit isn’t the most expensive sale in the building’s history. Instead, filmmaker George Lucas and his wife, Mellody Hobson, paid $18.75 million in 2015 for the 65th-floor penthouse.
Griffin’s 66th floor penthouse had a property tax bill of $160,733 during the 2020 tax year, while the 67th floor unit had a property tax bill of $166,047 during of the 2020 tax year.
Separately, the five-bedroom, 8,400-square-foot penthouse condo on the 63rd floor of Park Tower is currently available for $13.5 million. Its owner, retired Harris Associates Chairman and Chief Investment Officer Robert Levy, first listed this unit on the Realtors Private Listing Network in October 2021 for $15 million.
The condo on the 37th floor of the Waldorf Astoria Griffin has two offices, two fireplaces, floor-to-ceiling woodwork, a living room with Sapele mahogany floors and four terraces.
In the building at 9 W. Walton Street, it is unclear why Griffin is currently trying to sell only the unfinished 35th-floor unit, and not the unfinished three floors above it. His 35th floor unit is offered for sale in an exclusive network accessible only to certain real estate agents. Nancy Tassone of Jameson Sotheby’s is the listing agent for Waldorf Astoria and 9 W. Walton units. She declined to comment.
Goldsborough is a freelance writer.
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