The Real Deal New York

Here’s a look at NYC’s top 10 building buys: VIDEO

11 Madison, 1095 Sixth Avenue rank highest on TRD's list

September 03, 2015 03:00PM
By Kerry Barger

When it comes to New York’s trophy towers, the city’s mega-spenders are willing to dish out many, many millions — and in some cases, billions — to get their hands on these prized possessions.

This year has already seen a handful of these larger-than-life deals. In May, Scott Rechler’s RXR Realty closed on the historic Helmsley Building for $1.2 billion. Less than five months later, SL Green closed on its $2.6 billion purchase of 11 Madison Avenue from the Sapir Organization. The sale of the 2.3 million-square-foot Art Deco office tower marked the most expensive single-building transaction in the city’s history.

While their price tags are significant, the Helmsley Building and 11 Madison aren’t the only buildings that have fetched major money recently. In the above video, The Real Deal checked out New York City’s most expensive building sales during a 14-month period ending in August 2015. Watch it here, or check it out on TRD‘s YouTube page.

Video created by Uldis Direns.