What’s with Joe Tsai’s latest real estate purchase?

Photo by Matteo Marchi/Getty ImagesBack in July, the New York real estate market was shocked by Joe Tsai’s purchase of a two-floor condo at 220 Central Park South, so-called “Billionaires Row.” Tsai paid $157.5 million for an apartment spanning the 60th and 61st floors of the spectacular residential tower as well as a maid’s quarters on the 18th floor. It was reported as the third most expensive residential deal in U.S. history.

Now, it’s the fourth.

Bloomberg News and other financial media reported Thursday that Tsai, through his private investment vehicle, Blue Pool Capital, had paid $188 million for the penthouse in the same building ... 13 floors above the apartment he purchased last…