PHOTO: AP The new skyscraper at 220 Central Park South in New York is still under construction.

Billionaire hedge-fund manager Ken Griffin just paid $US238 million ($NZ352m) for a New York City penthouse, breaking the record for the most expensive home ever sold in the US, The Wall Street Journal reported.

The transaction smashed the previous record, set in in 2014 when another hedge-fund manager, Barry Rosenstein, bought a Hamptons home for $US137 million, by more than $US100 million.

Griffin’s new Manhattan penthouse is a massive 23,000-square-foot residence that encompasses floors 50 through 53 at 220 Central Park South, a skyscraper designed by Robert A.M. Stern that’s still under construction. The asking price was $US250 million ($NZ369.6), according to The Real Deal.

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