According to Big Time, Sting has purchased a 5,500-square-foot condo unit on the 16^th floor of a Central Park West building for $26.5 million. Apparently, according to records, Sting actually signed a contract to purchase the unit on May 26, 2006, but the deal didn't formally close until March 11, 2008. So, this purchase has been almost two years in the making! The CPW building is truly magnificent, boasting an elegant motor courtyard, a 35-x-45-foot limestone and marble lobby with two fireplaces and custom English oak paneling, an unprecedented view of Central Park and the Manhattan skyline, a 75-foot sky-lit lap pool, a private theater screening room, a private library, and 30 climate-controlled wine rooms. Sting also owns an 18-room duplex co-op elsewhere on Central Park West, which was at one point on the market for $24 million, meaning he and his wife now own more than $50 million worth of real estate on Central Park West! Ohhh, to be a pop rocker . . . Check out images of Sting's new building below.