The PH at 100 Barclay just got a hefty price cut

It’s now asking $39.95M
By Meenal Vamburkar | May 07, 2019 03:00PM

The penthouse at 100 Barclay Street and Ben Shaoul (Credit: Getty Images)

The penthouse at 100 Barclay Street and Ben Shaoul (Credit: Getty Images)

In February, the penthouse at 100 Barclay Street hit the market for $59 million — a far cry from the $105 million it was rumored to ask. Now, it’s gotten a price cut.

The unit is now asking $39.95 million, according to the listing. CORE’s Shaun Osher is marketing the condo. Osher didn’t immediately respond to a request for comment.

The duplex at the Magnum Real Estate project spans 14,500 square feet. The home features a cavernous great room — with 21-foot industrial-style windows — that Magnum says is the largest living room in the city. Measuring 96 feet by 33 feet, the room is longer than an NBA-regulation basketball court.

“Can you imagine having a Super Bowl party there or a mitvah?” developer Ben Shaoul previously told the Wall Street Journal.

Vickey Barron, then with the Corcoran Group, was previously marketing the unit, along with Corcoran Sunshine Marketing Group.

Magnum bought the top floors of the Ralph Walker-designed building from Verizon for $274 million in 2013, and scooped up the retail space for $40 million a year later. The developer, and partner CIM Group, have converted the building into 157 units.