Triple Penthouse on Billionaire’s Row in Manhattan to Hit Market at $250M  - Priciest Home in Country   - The Jewish Voice
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Wednesday, September 28, 2022

Triple Penthouse on Billionaire’s Row in Manhattan to Hit Market at $250M  – Priciest Home in Country  

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Edited by: TJVNews.com

In terms of luxury residential skyscrapers in Manhattan, much publicity has been given over the last several years to a Central Park tower that has set a record for the world’s tallest residential condo building as it reaches 1,550 feet high, following its completion earlier this year, according to a report in the New York Post.

In addition to standing out for its massive height, it appears that the tower on Billionaires’ Row could set yet another record.

Representatives for the building told the Post that a triple penthouse unit at the tower which is located at 217 West 57th Street will be hitting the market on Monday at a staggering $250 million price tag for a “castle in the sky,” as was reported by the Post.

The Wall Street Journal was the first to break the news about the listing and if a buyer agrees to the asking price this penthouse would be known as the country’s most expensive home ever sold, the WSJ reported.

To date, the most expensive pad in the Big Apple was purchased by billionaire Ken Griffin who has made his fortune in hedge funds. According to the Post report, Griffin plunked down $238 million for a floor apartment at 220 Central Park South, which happens to be located across the street from the West 57th Street tower. The building in which Griffin brought his apartment was designed by Robert A.M. Stern, as was reported by the Post.

On September 9th, the Jewish Voice reported that investor Ken Griffin is now the owner of the most expensive residential real estate transfer in Miami history,

The Real Deal reported that Griffin purchased the four-acre compound in Coconut Grove for $106,875,000, as was reported by the Post.

The Post also reported that the sprawling waterfront home was put on the market by businesswoman and philanthropist Adrienne Arsht for $150 million in January. The ask price itself also set a record as the most expensive single-family home in history to list in Miami Dade. The previous record for the high-dollar deal was set earlier in 2022, when by InterSystems founder Phillip Ragon’s paid about $93 million for three adjacent Atlantic Ocean-front homes in Golden Beach.

As per listing brokerage Berkshire Hathaway HomeServices EWM Realty, Griffin had first visited the property in July and the deal had moved along very swiftly.  “As the steward of this beautiful property, I am proud to leave its legacy to the next generations of caretakers,” Arsht commented in a press statement. “May they also enjoy the breathtaking view!”

The Post reported that Marketproof data revealed that as of this year alone the highest priced condo closings have been at the Aman New York at 730 Fifth Avenue. The data indicates that those prices span $53.38 million for a four-bedroom spread to $75.89 million for another four-bedroom home, as was reported by the Post.

The Post reported that the Central Park Tower penthouse comprises three levels — from the 129th through the 131st floors — with interior space that spans some 17,500 square feet.

Additionally, there is a 1,433-square-foot outdoor terrace looking out to sprawling views of the city and far beyond. Pegged as a “mansion in the sky,” this home has also been marked as having the highest private terrace in the world — as well as the highest private ballroom on Earth, the Post reported.

Speaking to the Wall Street Journal, the developer of the building, Extell founder Gary Barnett said that although sales of the 179 units launched in 2018, he wanted the full completion of the building before marketing the penthouse. In a separate statement, Barnett added, “We have experienced significant sales activity this past year, further supporting our belief that buyers needed to see the completed building firsthand.”

The Post reported that the triple penthouse is comprised of seven bedrooms and 11 bathrooms. Other features include walls of glass, soaring 27-foot high ceilings, two kitchens, and several living and entertainment spaces. What’s more, there’s not just one ballroom — but two. Other details, for now, are unavailable.

 

 

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