The Real Deal New York

What do millions really buy in New York City?

A look at multi-million dollar listings around the city

May 11, 2014 09:00AM
By Zachary Kussin

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A $2.5 million spread located at 41 Fifth Avenue. Kim Robilotti at Janet Aimone Robilotti & Associates has the listing.

A $2.5 million spread located at 41 Fifth Avenue. Kim Robilotti at Janet Aimone Robilotti & Associates has the listing.

From Luxury Listings NYC: New York City is no stranger to multimillion-dollar home listings. A townhouse at 12 East 69th Street asking $114 million — currently the city’s most expensive listing, according to StreetEasy — nabbed a number of headlines when it hit the market late last year. Next up is a $100 million penthouse at 150 West 56th Street listed by its owner. These are big, big prices — but what exactly does the cash buy? Does it buy privacy, better amenities, greater space, or simply bragging rights? [more]

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