Billionaire casino mogul Steve Wynn (worth $2.3 billion in 2011) just purchased a duplex in NYC for a whopping $70 million. It first hit the market in March of this year for $77.5 million. The 14-room pre-war duplex apartment is located at 50 Central Park South in New York, NY in the Ritz Carlton Hotel on the 30th and 31st floors. He bought it from Millennium Partners (who built the hotel and condominiums) co-founder Christopher Jeffries. The apartment features 10,882 square feet of living space with 4 bedrooms, 5.5 bathrooms, a gorgeous living room with arched windows and French doors leading to a terrace, gourmet galley style kitchen, 2 elevators, formal dining room, library, media room and more.

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  • Daniel

    Well good for him. Honestly though, with his net worth I’m surprised he just offer the amount for the dozens of properties *not* for sale that rival this apartment. I personally would have gone for the penthouse at 15 CPW.




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  • Grrrowler

    It’s not my style, but the spaces look lovely. The price does seem ridiculous, even though the location and views are spectacular.




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  • James

    ouch but thanks for helping the market…ha ha




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  • rob

    I think this is more of an office for him than it is a home since he is in the hotel business and this is in a hotel. Probably feels to him like an extension of his apartment in the Wynn hotels. I would be surprised if this is not owned by his corporation as opposed to him personally.




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    • Marie

      I agree Rob




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  • marc22

    A magnificent place with a price tag to match. Thanks for helping with the NY real estate recovery. The price is justified by the panoramic views. Many homes at this price point are purchased by ones LLC and/or real estate holding companies for the owners, especially when they purchase multiple homes so it would not be unusual if this was the case here, in fact it makes great business sense.




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  • James

    odd isnt there a highrise apartment that looks just like this one?




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  • Mark

    Stupid amount of money. Although with his net worth, it works.




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  • Rocco

    It looks like a room in Encore – which is decorated like every retirement community in Florida. I was surprised when i stayed there – it was brand new yet looked like it needed to be remodeled.

    He can afford – and he can’t take it with him – so nothing wrong with spending and enjoying it.




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  • Al Robinson

    I still just can’t imagine spending anything more than $10 million on an existing home, apartment, or penthouse. In Minnesota there is still a lot of open land where you could buy the land fairly cheap and build a home to your own exact liking. I certainly would never spend $70 million to live in Manhattan, even with those views. But then again, if I did live in a high rise, I would never want to live about the 3rd or 4th floor, in case of a fire. I just prefer to be on the ground.




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    • Al Robinson

      Sheesh, spelling errors. I meant to say above, not about.




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    • Teddi

      And I can’t imagine spending even a million dollars to live in Minnesota. And if one is going to live in a high rise, what’s the point of living downstairs and not go for the views? I think this is like saying you won’t work in a building that sits above the 3rd or 4th floors in case there was a fire or earthquake. The risk is the same. You could avoid the higher floors and then end up in a condo that gets flooded out in a storm. Either way you take a risk and if either is a risk, then I’ll take the risk which has the views.




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