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Posts Tagged ‘one57’

  • 157 West 57th Street in Midtown

    157 West 57th Street in Midtown

    A condo in Extell Development’s One57 sold for $30 million to a buyer named Dojiang Li, according to property records filed with the city today. [more]

    1 Comment
  • One57 and Gary Barnett

    One57 in Midtown (inset: Gary Barnett)

    Gary Barnett’s Extell Development was hit with a stop-work order at One57 after a 4-by-4 sheet of plexiglas fell from the building over the weekend, hitting two parked cars. No one was injured. [more]

    7 Comments
  • 220 Central Park South

    A rendering of 220 Central Park South

    Prices seem to be cooling down at the top of the luxury market. [more]

    1 Comment
  • From left: A rendering of Greenwich Lane (Rudin Management) and a unit at One57

    From left: A rendering of Greenwich Lane (Rudin Management) and a unit at One57

    UPDATED, Feb. 24, 1:21 p.m.: Buyers signed 28 contracts for $4 million or more in the third week of February, according to the latest Olshan Realty luxury report. [more]

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  • From left: A rendering of One57 and Guoqing Chen

    From left: A rendering of One57 and Guoqing Chen (Credit: China Institute of America)

    UPDATED, 6:06 p.m., Feb. 5: The founder of China’s largest private airline company paid $47.4 million for a full-floor condo at Extell Development’s’s One57.

    Guoqing Chen, co-founder of HNA Group, closed on the 86th floor unit on Jan. 21, paying $7,645 per square foot for the luxury condo, according to property records filed with the city today. Public documents list the buyer One57 86 LLC, but Chen’s name is listed on the $30.2 million mortgage. [more]

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  • From left: One57, Gary Barnett and Preet Bahrara

    From left: One57, Gary Barnett and Preet Bahrara

    U.S. Attorney Preet Bharara has launched an investigation into large tax breaks that were granted to Extell Development’s One57. [more]

    6 Comments
  • From left: Renderings of Nordstrom Tower, 432 Park, One57 and Kingdom Tower

    From left: Renderings of Nordstrom Tower, 432 Park, One57 and Kingdom Tower

    Driven by new technologies — along with an ever-increasing amount of capital flowing into luxury real estate — the time at the top of the list of the world’s tallest residential building is getting shorter and shorter [more]

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  • 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. [more]

    1 Comment
  • From left: Joseph Chetrit, David Bistricer and 550 Madison Avenue

    From left: Joseph Chetrit, David Bistricer and 550 Madison Avenue

    Joseph Chetrit’s Chetrit Group is bringing 96 condominiums to the former Sony Building at 550 Madison Avenue, for a total sellout of a whopping $1.8 billion, according to plans filed with the Attorney General’s office. [more]

    6 Comments
  • From left: 1 Central Park South and 5 Tudor City Place

    From left: 1 Central Park South and 5 Tudor City Place

    Key Ventures’ A. Laurence Kaiser and Craig Dix had the week’s priciest listing with a $35 million three-bedroom apartment at 1 Central Park South. On the cheap end, the week’s least expensive listing was a studio at 5 Tudor City Place for $285,000. These listings and more, after the jump.

    Comments
  • One57 unit sells at 20 percent discount

    December 09, 2014 12:27PM
    Extell's Gary Barnett and One57

    Extell’s Gary Barnett and One57

    The latest recorded sale at Extell Development’s sluggish One57 closed at a 20 percent discount to its asking price, property records show.

    Unit 64A – at 4,483 square feet, three bedrooms and four baths – sold earlier this month for $24.84 million, property records filed with the city today show. That’s a steep discount off the unit’s $31 million asking price listed on Douglas Elliman’s website. [more]

    1 Comment
  • From left: Gary Barnett, a rendering of One57 and John and Rebecca Moores

    From left: Gary Barnett (Credit: STUDIO SCRIVO), a rendering of One57 and John and Rebecca Moores

    Rebecca Moores, the ex-wife of Texas millionaire and former San Diego Padres owner John Moores, closed on a full-floor condo at Extell Development’s One57, paying $55.5 million, according to property records. [more]

    2 Comments
  • One57 at 157 West 57th Street and Gary Barnett

    One57 at 157 West 57th Street and Gary Barnett (Credit: STUDIO SCRIVO)

    Extell Development sold just one apartment at One57 in the third quarter of the year. [more]

    10 Comments
  • One57 sponsor unit sells for $53M

    November 24, 2014 06:16PM
    Extell's Gary Barnett and One57

    Extell’s Gary Barnett and One57

    Extell Development sold an 80th-floor sponsor unit at One57 for just shy of $53 million, city records show.

    The full-floor condo sold for $52.95 million to Lapusny Inc., an LLC registered in Pasadena, Calif., records filed with the city over the weekend show. The deal went into contract in March 2013 and closed Nov. 10. [more]

    Comments
  • dvorett

    Jeffrey Dvorett and renderings of 462-470 11th Avenue and One57

    Jeff Dvorett, vice president of development at Gary Barnett’s Extell Development, has joined Times Square-based Chinese real estate investment firm Kuafa Properties to oversee projects there. [more]

    1 Comment
  • brown

    From left: Doug Harmon, David Helpern, Michelle Flagg and Kent Swig (Credit: Zach Fontaine)

    Developer Kent Swig, investment sales broker Doug Harmon, architect David Helpern and other top real estate insiders gathered last night to discuss pivotal issues shaping the Manhattan skyline, including escalating land prices and sky-high building heights. [more]

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  • 9 West 57th Street (inset left: Silas Chou, inset right: Lawrence Stroll)

    9 West 57th Street (inset left: Silas Chou, inset right: Lawrence Stroll)

    Private equity firm Sportswear Holdings Ltd. is moving into a duplex penthouse office on the top floor of 9 West 57th Street. [more]

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  • From left: Gary Barnett and the new model unit at One57

    From left: Gary Barnett and the new model unit at One57

    Extell Development boss Gary Barnett and interior designer Jamie Drake today unveiled a new model at One57 during a breakfast at the tower. [more]

    Comments
  • ackman

    One57 in Midtown and Bill Ackman

    Billionaire hedge-funder Bill Ackman of Pershing Square Capital is looking to flip the One57 penthouse condominium he and a group of investors acquired last year for roughly $90 million.

    Such a turnover could render it the priciest attempted flip of a condo unit ever, according to New York Times. Ackman said he acquired the 13,500-square-foot duplex with his friends for “fun.” [more]

    5 Comments
  • From left: Extell's Gary Barnett, One57 and Silas Chou

    From left: Extell’s Gary Barnett, One57 and Silas Chou

    Two big sales at Extell Development’s One57 hit public records today – totaling $79 million. [more]

    Comments
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