Cantor Fitzgerald CEO Howard Lutnick is the new owner of the famous penthouse atop New York City's Pierre hotel, Page Six reported.
He apparently got the triplex penthouse at a steep discount.
The property, which belonged to late investor Martin Zweig and his widow, Barbara, hit the market for a record $125 million in the spring of 2013. It then underwent several price chops before eventually going off the market. It last appeared on sale for $57 million in April 2016.
Property records show that an LLC paid $44 million for the spread, The Real Deal reported. Page Six has unmasked Lutnick as the mystery buyer.
The apartment encompasses three floors and was originally the hotel's ballroom. After several years on the market, it had a makeover that gave it a more modern look.
The 16-room spread was most recently listed with Brown Harris Stevens.
Julie Zeveloff contributed reporting to an earlier version of this article.
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The Pierre, located on 61st Street and Central Park, is one of the most iconic properties in New York City.
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The apartment is a triplex, taking up floors 41, 42, and 43 of the Pierre.
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It formerly housed the famous hotel's ballroom.
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See the rest of the story at Business Insider