The Real Deal New York

One57 sponsor unit sells for $53M

Pasadena-based LLC is the buyer of 80th floor, 6,240-square-foot pad

November 24, 2014 06:16PM
By Rich Bockmann

Extell's Gary Barnett and One57

Extell’s Gary Barnett and One57

Extell Development sold an 80th-floor sponsor unit at One57 for just shy of $53 million, city records show.

The full-floor condo sold for $52.95 million to Lapusny Inc., an LLC registered in Pasadena, Calif., records filed with the city over the weekend show. The deal went into contract in March 2013 and closed Nov. 10.

The 6,240-square-foot apartment has four bedrooms, four bathrooms and a half bathroom and had an asking price of $54.5 million.

The sale comes on the heels of two deals in October, when Michael Kors co-chairman Silas Chou closed on his 82nd floor pad for $56.1 million and Extell sold another sponsor unit for $26 million.

Extell CEO Gary Barnett said late last month that he expected work on the 57th Street tower to be completed within six months.

MENU