Warner Music Group Owner Pays $77.5 Million for Manhattan Apartment

According to a New York Times report, Len Blavatnik, Ukrainian born billionaire movie investor and owner of Warner Music Group, has paid $77.5 million for an exclusive New York apartment.
The spacious five-bedroom duplex opposite Central Park Zoo on Manhattan's Fifth Avenue topped the previous highest price paid for a city co-op apartment
The previous record was set in the summer of 2014 when hedge fund boss Israel 'Izzy' Englander paid more than $71 million for two-level apartment on Park Avenue.
The Times further reported that the sprawling apartment, which also boasts five and a half bathrooms, No. 1112A is located on the 11th and 12th floors of 834 Fifth Avenue at the corner of East 64th Street.
Citing a real estate agency's listing for the apartment by Sotheby's International Realty and Brown Harris Stevens, monthly maintenance charges for the residence are more than $21,000.



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