NEW YORK — The family of a Russian billionaire has bought a New York City penthouse apartment for $88 million.
The seller was Sanford I. Weill, the former head of Citigroup Inc. It was bought by a trust for the daughter of Dmitry Rybolovlev (dih-MEE'-tree rih-bah-LOHV'-lehv).
Features of the apartment include a wraparound terrace.
The Journal says the sale generated nearly $2.5 million in city and state taxes.
The brokers' commission: about $3.5 million.
The deal closed on Wednesday.
Weill previously said he plans to donate the proceeds of the sale to charity.
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February 16, 2012 01:39 PM EST | Associated Press
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