Over the past few years, Berggruen Institute founder Nicolas Berggruen has busied himself with acquiring a portfolio of carefully selected properties around the world. On the West Coast of the United States, Berggruen picked up the Edie and William Goetz estate for $41 million in 2017; other notable Los Angeles-area properties snapped up by the billionaire include the Hearst Estate, the so-called ‘Godfather House’, which he paid $63.1 million for last September.

On the East Coast, Berggruen has been more prolific still in his spending. One of his more recent purchases in the Big Apple is this Manhattan townhouse, a 24,500 sq. ft. residence for which he paid around $24.5 million in late December of last year, according to The Real Deal. The property is located in Lenox Hill, and dates to the first decade of the last century.

The house rises six stories above terra firma — it’s a whisker shy of eighty feet high — and features a Beaux-Arts exterior of limestone and buff brick and a 39-foot width. The townhome’s ceilings frequently reach sixteen feet; interior spaces include an entrance hall, a library, a drawing room, a salon, a reception room, a retiring room, and a large formal dining room. Details include milled plaster ornament, herringbone-pattern oak floors, and ornate crown moldings.

The property, one of the grand mansions of the city, was featured in the second volume of Great Houses of New York.

Berggruen’s net worth is around $3 billion.