Only five units at One57 are on the market right now

TRD New York /
Nov.November 06, 2013 03:28 PM

Extell Development’s much-maligned billionaire’s tower One57 is nearly sold out.

Of the 157 West 57th Street building’s 94 apartments, only five were on the market as of Monday, according to marketing materials for the project. Two are three-bedroom residences between 3,000 and 4,200 square feet, one is a four-bedroom residence with 3,466 square feet, one is a five-bedroom with 5,475 square feet and one is a full-floor residence with 6,240 square feet. The prices of the remaining units range from $18.75 million for the smallest three-bedroom to $55.5 million for the full-floor unit.

Whether the leftovers are in the center of the building — reportedly the more difficult part of One57 to sell — is unclear. The units officially hit the market in December 2011, and by the following February, about 30 percent of the units were under contract, according to Extell founder Gary Barnett.

Among the known buyers at One57 are a Bill Ackman-led investor group that purchased the so-called Winter Garden penthouse for over $90 million and a set of Chinese parents who purchased a unit for their now toddler to use as a university student one day. — Julie Strickland

Related Articles

One Manhattan Square Extell Development CEO Gary Barnett (Credit: Curbed NY)

Extell lands $690M refinancing package for One Manhattan Square

Extell Development's Gary Barnett (Credit: Getty Images and iStock)

Chelsea residents paid Gary Barnett $11M to protect their views from a planned tower

Central Park Tower

Extell just went public with Central Park Tower listings

Gary Barnett

Quantifying the rise and fall of NYC’s condo market

Extell CEO Gary Barnett and a portion of the assemblage at 562-572 Fifth Avenue, 2 West 47th, and 10 West 47th (Credit: Google Maps)

Extell nabs $440M in financing for Midtown assemblage

Extell CEO Gary Barnett (Credit: Adam Pogoff)

Gary Barnett gets candid about the condo boom of the 2010s and what’s to come

50 West 66th Street and Extell Development CEO Gary Barnett (Credit: Binyan Studios via Curbed NY)

Extell accuses City Club of reneging on settlement over UWS tower

Extell Development chairman Gary Barnett with 555 Tenth Avenue and 524 East 14th Street (Credit: Barnett by Anuja Shakya, 555ten and StreetEasy)

Extell scores $700M refi for three Manhattan buildings