Steve Wynn finds buyer for Central Park penthouse after years of listing
The 10,875-square-foot duplex at 50 Central Park South went under contract in November 2026 for $70 million.
Casino billionaire Steve Wynn has reached an agreement to sell his luxury duplex in Manhattan, according to a Times of India report citing Realtor.com and The Real Deal. The 10,875-square-foot property at 50 Central Park South went under contract in November 2026 with a final asking price of $70 million.
The penthouse occupies the 30th and 31st floors of the Ritz-Carlton Residences. Wynn originally purchased the home in 2012 for $70 million. After the 2022 listing of $90 million, the price was reduced to $65 million before being re-listed at $70 million in 2024.
The residence features three bedrooms, four full bathrooms, two half-bathrooms, a library, and a gym. It includes a 45-foot-long terrace facing Central Park and a 28-foot terrace on the western wall. The interior contains a marble staircase and 15-foot coffered ceilings.
Luxury broker Michael Reisor told Realtor.com that the property has a limited buyer pool because of its specific nature. He noted that the three-bedroom layout might be a sticking point for buyers expecting more rooms at this price point.
The building, formerly the Hotel St. Moritz, houses only 11 private residences. The unit carries monthly dues of $31,362 and taxes of $15,500.
The final sale price and the identity of the buyer have not been disclosed.