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

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

Extell lands $690M refinancing package for One Manhattan Square

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

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

Extell just went public with Central Park Tower listings
Tel Aviv Stock Exchange bull (Wikimedia Commons)

NYC developers face downgrades on Israeli bond market

NYC developers face downgrades on Israeli bond market
Claude Wasserstein and 995 Fifth Avenue (Getty, Google Maps, Sotheby's)

Claude Wasserstein relists UES penthouse for $55M

Claude Wasserstein relists UES penthouse for $55M
Gary Barnett and Sush Torgalkar with 225 West 57th Street, 225 West 86th Street, and 169 Columbia Heights in Brooklyn (Credit: Getty Images, iStock, and CityRealty)

Torgalkar out as CEO of Extell: sources

Torgalkar out as CEO of Extell: sources
Extell Development president Gary Barnett and Kushner Companies founder Charles Kushner with a rendering The Lofts at Pier Village in New Jersey (Rendering via Extell Development)

Kushner Cos. buys Gary Barnett out of development on NJ waterfront

Kushner Cos. buys Gary Barnett out of development on NJ waterfront
HNA Group’s Guoqing Chen, One57 and  and Gary Barnett (Godsfriendchuck via Wikipedia)

HNA’s fire sale continues with One57 deal

HNA’s fire sale continues with One57 deal
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...