The Real Deal New York

Fisher Brothers, Witkoff and Lorber to list 111 Murray penthouse for $40M

Unit spans about 7,500 sf, is being marketed to health-focused buyers
May 11, 2018 09:00AM

From left: Renderings of 111 Murray Street, Howard Lorber, Steve Witkoff and Winston Fisher (Credit: Redundant Pixel Studios, Getty Images and Fisher Brothers)

Months after receiving a $650 million condominium inventory loan, the developers of 111 Murray Street are ready to put a penthouse unit on the market for $40 million.

The condo spans about 7,500 square feet, taking up the entire 63rd floor of the building, which is being developed by Fisher BrothersSteve Witkoff and Howard Lorber’s New Valley and designed by Kohn Pederson Fox, according to the Wall Street Journal.

The developers launched sales in summer 2015, and more than 70 percent of the 157 units have been sold so far, according to the Journal.

The penthouse is being marketed to health-conscious buyers and features a filtration system that removes impurities and pollutants from water. Amenities include a Turkish bath, a blowout bar, glass walls and a marble fireplace. The building also has a 75-foot lap pool and fitness center.

Construction is almost done on the penthouse, although its interiors are still not finished. The New York City Fire Department rescued two workers from a suspended scaffold at the building on Friday morning.

In November, the developers received about $650 million in financing for the unsold units of the building. [WSJ] – Eddie Small