A palatial unit occupying the 89th and 90th floor of One57 has just sold for a record-breaking $100,471,452.77—the most expensive condo purchase ever recorded Manhattan. — 6sqft
The penthouse sale at Christian de Portzamparc's One57 shatters a record previously held by Sanford Weill who bought an $88 million penthouse at the Robert AM Stern-designed 15 Central Park West in 2012. The arguably inflated purchase shows that NYC's real estate shows no signs of slowing...
A crane attached to One57, the luxury apartment tower under construction in midtown Manhattan, partially collapsed amid gusts from Hurricane Sandy. [...]
One57, poised to be the tallest residential property in Manhattan at 90 stories, is being developed by Extell Development Co. A penthouse at the building went under contract earlier this year for more than $90 million. — businessweek.com
It is ironic that with all the griping about New York's construction constraints, Mr. de Portzamparc said he found the city liberating. "In fact, New York is very attractive," he said. "There are fewer constraints than in most of our European cities." He told the IBT that the building is a tribute to Central Park, of which it will have commanding views, as well as the skyline itself, where the new tower will "evoke the energetic cascade of New York's verticality." — New York Observer
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