Russian billionaire Valery Kogan and his wife, Olga, have finally sold their over-the-top gilded and onyx-clad Central Park West penthouse for $33.89 million, according to city property records filed on Monday.
The sale, at the prestigious 15 Central Park West, also includes the furniture.
Yet, the ritzy residence — which boasts 24-karat ornaments in what can be characterized as an “extreme-Versailles” style — once faced foreclosure.
It first hit the market for $65 million in 2023 as part of the Kogans’ massive real estate sell-off following Russia’s invasion of Ukraine in 2022.
Residents at the elite building include titans of industry as well as, in the past, artists and athletes like Sting and Alex Rodriguez. The buyer remains anonymous, hidden behind a shell company — for now.
Robert A.M. Stern famously designed the limestone building. But his firm also designed the penthouse, a source said. And the new buyer is hoping that the same team can “refresh” the penthouse to keep it exactly the same, the source added.
The sale comes as Kogan is butting heads with Putin over ownership of the Domodedovo airport.
In January, Russian news outlet Vedomosti reported that Russian prosecutors filed a case against Kogan and Dmitry Kamenshchik, claiming they failed to renationalize the holding company that manages the facility.
It’s not the first time the Russian government tried to take back control of the airport, which was privatized in 1997. In Russia, it’s illegal for foreign entities to control assets deemed to be strategic to national security.
When it first hit the market for $65 million in 2023, the 15 Central Park West listing included a one-bedroom and a studio in the building. They are now slated to sell separately for less than $5 million, sources said.
For its part, the 40th-floor penthouse is a sprawling 5,398 square feet. It comes with four bedrooms, an elaborate home office that doubles as a screening room and 3½ bathrooms. Extravagant details include a giant malachite stone fireplace and large onyx tables, as well as a stained-glass door. There’s also plenty of carved wood, custom floors and high-end finishes — not to mention a chef’s kitchen and dazzling city views.
Kogan also recently sold his 7-acre Greenwich, Conn., estate for $10.4 million, as Gimme Shelter previously reported.
However, his two separate palatial pads at the Plaza Hotel — that come with a castle-like turret — are still on the market. Since February, the condos, Nos. 1007 and 1009, have been asking $23 million — down from the original $50 million ask, as Gimme also noted.
A third one-bedroom apartment in the Plaza across the hall, No. 1008, is asking under $3 million. The listing broker for these three apartments is Corcoran’s Charlie Attias.
The Kogans also sold a penthouse in Israel for $33 million and a condo at 515 Park Ave. for $14.5 million, which had first listed for $25 million. In addition, they have another home in Israel that first listed for $259 million and is now asking a dramatically less $89 million, according to reports.
The listing broker for the 15 Central Park West penthouse, Douglas Elliman’s Adam Rothman, declined to comment.