High rollers in the most expensive residential market in the country now have the chance to own its highest-elevated piece of real estate as the penthouse apartment in Adrian Smith + Gordon Gill's record-breaking Central Park Tower is now up for sale in Manhattan.
The asking price for the triplex unit occupying the 129th–131st floors is reportedly $250 million, easily doubling the $169 million listing price that the 96th floor unit in Rafael Viñoly’s troubled 432 Park Avenue tower commanded when it hit the market a year ago and surmounting the $238 million figure hedge funder Ken Griffin paid for his 220 Central Park South penthouse in 2019.
At 1,416 feet, the apartment is the world’s highest private residence and comes complete with 27-foot ceilings, a ballroom, grand salon, and two kitchens. It’s high enough that the curvature of the earth can be observed from its 1,433-square-foot terrace, and future owners will be happy to learn of the 7 bedrooms and 8 bathrooms included in its 17,545-square-foot interior.
SERHANT, the brokerage firm responsible for the listing, claims it “transcends the concept of a trophy property” and “truly epitomizes the concept of bespoke living.”
Other units in Central Park Tower had been previously reported to close at well below their market values, part of a longer trend that has seen prices at select Billionaire’s Row addresses dip by an average of 25–50% from a peak in 2015–16.
Once sold, the $250 million residence would take over the largest share of the 179-unit building’s originally-projected $4 billion worth of apartments. That’s more than the $3 billion in total costs incurred during the five-year construction phase that topped out in September 2019.
5 Comments
There's something decidedly unsexy about this tower compared to the other supertall condos.
It looks like an office building with its lifeless glazing. Steinway did more with its terra cotta and even the much-maligned 432 opted for a more solid expression (With much detriment to its thermal performance). Bob Stern & Co of course produced a handsomely proportioned new classical tower to Griffin's delight.
I find Nouvel's tower the best looking (and sinister) of the lot.
Lol, this is so ugly.
“transcends the concept of a trophy property” and “truly epitomizes the concept of bespoke living.”
This is literally a trophy property....but then again I don't command more from a brokerage firm since they are all shills anyways.
Are appliances included?
Definitely not ASGG's best work.
it’s pretty clunky
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