Aman New York penthouse sells for $135M

July 10, 2024

Photos courtesy of Aman New York

A five-story penthouse at the Aman New York at 730 Fifth Avenue has sold for $135 million, marking New York City’s most expensive sale of the year. As first reported by Bloomberg, the deal surpasses a $115 million penthouse at Central Park Tower that closed in June. The 12,500-square-foot sky mansion aptly sits in the actual crown of the 100-year-old Midtown Manhattan tower, known as the Crown Building for its gilded exterior. Opened in 2022, the Aman New York is an ultra-luxury hotel-condo with 83 hotel rooms and 22 residences. The Wall Street Journal on Thursday identified Vladislav Doronin, the billionaire and founder of OKO Group, the developer of the Aman, as the buyer of the record-breaking penthouse.

The palatial home was sold as unfinished space the buyer will build out, developer OKO Group told Bloomberg.

In 2018, the penthouse reportedly went into contract for $180 million, which would have been the city’s most expensive sale ever at the time. The deal never closed.

“The $135 million sale of the Penthouse at Aman New York underscores the desirability and appeal of Aman and the iconic Crown Building,” an OKO spokesperson told Mansion Global. “We continue to entertain significant demand for Aman New York’s residences, even as the building’s units are fully committed.”

Located on Fifth Avenue and 57th Street, Aman New York sits within the restored, 100-year-old Crown Building that has been reimagined by architect Jean-Michel Gathy. The tower’s residences have a separate entrance from the hotel on 56th Street.

Residents have access to a 14th-floor sky lobby with a piano bar, a members club and cigar lounge overlooking Central Park, three restaurants, and the Aman Spa, which includes three levels of wellness amenities, including a fitness studio, indoor swimming pool, and more.

In May, the city’s Landmarks Preservation Commission designated the Crown Building, previously called the Heckscher Building, as an individual landmark. Warren & Wetmore, the same firm behind Grand Central Terminal, designed the tower in a French Renaissance style.

The skyscraper is among the first to conform to the city’s 1916 zoning resolution, which required tall buildings to reduce their mass as they rise, to allow for light and air to reach the city streets below.

Other recent deals at Aman include a $61.58 million penthouse that sold earlier this year and a 6,700-square-foot unit for $74.34 million that closed in 2022.

The $100+ million deals include billionaire Daniel Och’s penthouse at 220 Central Park South which closed for $188 million last June, and a pair of co-ops at 4 East 66th Street that closed together for $101 million in 2022. Ken Griffin’s $238 million purchase at 220 Central Park South in 2019 remains the city’s priciest deal.

Editor’s note: The original version of this article was updated to identify the buyer, who is Vladislav Doronin, founder of OKO Group.


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