Logo

One57 Breaks A New Record With The Sale Of $100 Million Apartment

Manhattan’s record for priciest condo sale was broken today 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.

The sale was announced in May 2012, but took over two years to close. The gargantuan price tag is the biggest for a Manhattan condo ever, surpassing Dmitry Rybolovlev’s $88 million purchase of Sanford Weill’s 15 Central Park West penthouse in 2012.

It’s the first single-family home ever to sell for more than $100 million in New York City.

The buyer was shielded by an LLC. The unit in Extell Development’s famous tower is a 10,923-square-foot penthouse on the 89th and 90th floors. Though it breaks the previous price record, it comes out to closer to $9,000 per square foot than the $13,000 per square foot that Rybolovlev paid for the apartment at 15 Central Park West.

christian-de-portzamparc-one57-tower-designboom-04

The sale of another One57 penthouse to hedge-funder Bill Ackman and a group of investors for roughly $90 million is also set to close soon.

This article originally appeared at The Real Deal. Copyright 2015.

%d bloggers like this: