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$100 Million Condo Breaks NYC Record

Jan 22, 2015 by

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Evan Joseph/ Extell DevelopmentThe 360-degree views from the 89th and 90th floor duplex stretch from the Atlantic Ocean to the Catskill Mountains.

A New York City real estate record is broken almost as often as the No. 1 train heads uptown. And the latest — most expensive apartment ehhh-ver — has been shattered at One57, the West 57th Street, long-drink-of-water building whose 11,000 square-foot penthouse has sold $ 100.47 million.

The previous record-holder was a Central Park West penthouse that sold for $ 88 million in 2012.

One57, which incorporates the ritzy Park Hyatt Hotel on 25 of its 90 floors, has gotten its share of press — good and bad.

  • For a hot minute, One57 was heralded as the tallest residential building in NYC at 1,000 feet — until 432 Park Avenue grabbed the title at 1,396 feet.
  • Central Park lovers griped that the slender building was casting a long shadow over the famed park, making it chilly. They also harrumphed that the building’s sky-high prices would attract only Saudi princes, Russian oligarchs, and other non-stakeholders in New York City’s welfare.
  • During Hurricane Sandy in 2012, the construction crane on the building partially collapsed, causing neighborhood evacuations and snarling traffic for about a week.

Extell Development Company, which created the colossus, won’t name the record-breaking buyer, but said that the building is 80 percent sold, and that half of those units are foreign-owned.

So, we wonder, what makes the record-holding penthouse worth $ 100 million?

The 360-degree views from the 89th and 90th floor duplex are “jaw-dropping,” said Jeannie Woodbrey, senior sales executive at One57. “You can see from the Atlantic Ocean in Long Island to the Catskill Mountains — 360 degrees of heaven.”

Here are more details:

  • The penthouse includes six bedrooms, seven bathrooms and two powder rooms.
  • The building features a triple-height indoor swimming pool, fitness center and private dining room.
  • Condo owners have access to preferred seating in the hotel’s “The Back Room” restaurant, in-room spa and chef services, and dog walkers.

 

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