Clockwise from top left: Elizabeth Sample of Sotheby’s International Realty, One57 and Wendy Maitland, managing director of Town ResidentialExtell Development has raised the price of one of its penthouses by 12 percent to a whopping $110 million, according to documents filed with the New York state attorney general cited by the Wall Street Journal.
In what will be Manhattan’s tallest residential tower, the listing for the 10,923-square-foot, six-bedroom condominium on the top two floors of the 90-story building might be the borough’s priciest ever. The asking price of a 13,554-square-foot unit on the 75th and 76th floors was also raised to $105 million. Building wide, prices are about about 3.9 percent from the initial condo plan obtained by The Real Deal.
Extell was emboldened to raise prices by the headline-grabbing, $88 million sale of Sandy Weill’s 15 Central Park West penthouse and a frenzied interest in the building, according to brokers. Foreign buyers, especially, are lured by the prospect of living in Manhattan’s tallest residential tower.
Elizabeth Sample, a broker at Sotheby’s International Realty, said the showroom has been crowded with multimillionaire and billionaire buyers. Wendy Maitland, a managing director at Town Residential said that despite the hefty price tag, the building presents an opportunity for buyers. “It is a property that hasn’t been seen on the gold coast of Central Park since 15 Central Park West sold out,” she said. [WSJ]
