The Real Deal New York

Aby Rosen ups price of 100 East 53rd penthouse to $65M

Sales at Midtown luxury condominium building began last week

January 27, 2016 11:02AM

From left: Rendering of 100 East 53rd Street and Aby Rosen (credit: DBox)

From left: Rendering of 100 East 53rd Street in Midtown (credit: DBOX) and Aby Rosen

The duplex penthouse at Aby Rosen’s 100 East 53rd Street condo tower is expected to hit the market for a cool $65 million — a $10 million jump from the previously reported price tag. 

The 6,760-square-foot Midtown penthouse will take up the 60th and 61st floors of the 94-unit luxury condominium and hold four bedrooms and four bathrooms.

Rosen’s RFR Holding was previously expected to ask $55 million for the duplex, as The Real Deal first reported last year — making it the priciest unit in a building with a projected total sellout of nearly $762 million. With the price hike, the penthouse is now asking $9,615 per square foot.

Rosen told The Real Deal earlier this month that most units at 100 East 53rd Street would avoid “crazy numbers,” citing a “very vibrant market” at the building’s price point.

Sales at the Norman Foster-designed project began last week and construction is expected to be completed by the spring of 2017, according to the Wall Street Journal.

Leonard Steinberg’s Compass is the exclusive listings broker for the 63-story condo tower, which saw new renderings released this week. It’s unclear how many condos at the property are under contract so far. [WSJ] — Kathryn Brenzel

MENU