The Real Deal New York

$100M One57 penthouse buy breaks NYC condo record

Mystery buyer at Barnett's project smashes previous $88M record at 15 CPW

January 16, 2015 05:13PM
By Tess Hofmann

From left: Gary Barnett and a rendering of One57

From left: Gary Barnett (Credit: STUDIO SCRIVO) and a rendering of One57

UPDATED, Jan. 19, 10:24 a.m.: To infinity, and beyond! Manhattan’s record for priciest condo sale was broken yet again with the closing of a $100.5 million purchase of a penthouse at Gary Barnett’s One57, according to property records filed with the city today.

The mystery buyer was shielded by an LLC. The sale was announced in May 2012, but closed on Dec. 23, 2014, according to city records. The gargantuan price tag is the biggest for a Manhattan condo ever, surpassing the $88 million purchase of Sanford Weill’s 15 Central Park West penthouse in 2012 by fertilizer tycoon Dmitry Rybolovlev’s daughter, Ekaterina Rybolovleva.

The view from the summit of One57 (Credit: VHT Studios)

The view from the summit of One57 (Credit: VHT Studios)

The unit in Extell Development’s famous tower is a 10,923-square-foot penthouse on the 89th and 90th floors. Though it breaks the previous price record, it comes out to closer to $9,000 per square foot than the $13,000 per square foot that Rybolovlev paid for the apartment at 15 Central Park West.

The sale of another One57 penthouse to hedge-funder Bill Ackman and a group of investors for roughly $90 million is also set to close soon.

 

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