Family of Russian billionaire buys NY apartment for $88 million; most expensive in city

FILE   In this Dec  22  2011 photo  people walk out the entrance of 15 Central Park West in New York  The family of a Russian billionaire has bought a New York penthouse apartment for  88 million  The Wall Street Journal says the property on Central Park West is now the most expensive apartment in the city  The seller was Sanford I  Weill  the former head of Citigroup Inc  It was bought by a trust for the daughter of Dmitry Rybolovlev  The deal closed on Wednesday  Feb  15  2012  Weill previously said he plans to donate the proceeds of the sale to charity   AP Photo Richard Drew
(AP Photo/Richard Drew)

NEW YORK, N.Y. - The family of a Russian billionaire has bought a New York penthouse apartment for $88 million.

The Wall Street Journal says the property on Central Park West is now the most expensive apartment in the city.

The seller was Sanford I. Weill, the former head of Citigroup Inc. It was bought by a trust for the daughter of Dmitry Rybolovlev.

The deal closed on Wednesday.

Weill previously said he plans to donate the proceeds of the sale to charity.

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