Manhattan property goes sky–high

The family of a Russian billionaire has bought a New York City penthouse apartment for $88 million (£55.7 million), making the property on Central Park West in Manhattan now the most expensive apartment in New York.

By The Newsroom

Published 17th Feb 2012, 01:12 BST

It was bought by a trust for the daughter of Dmitry Rybolovlev from the former head of Citigroup.