Billionaire Michael Dell revealed as the secret buyer of One57’s $100M penthouse

February 22, 2018

Image courtesy of Extell/One57

Founder and CEO of Dell Technologies, Michael Dell, was revealed as the buyer of the sprawling penthouse at One57 for $100.47 million, the most expensive home ever sold in New York City. According to the Wall Street Journal, Dell first entered a contract to buy the unit in 2012 when the Billionaires’ Row building, located at 157 West 57th Street, was still under construction. He closed the transaction through a limited liability company in 2014.

rent stabilization, One57, Extell, Christian de Portzamparc
Rendering © Agence Christian de Portzamparc (ACDP)

The unit occupies the 89th and 90th floor of the building, spanning nearly 11,000 square feet. The six-bedroom, six-bath apartment was renovated by Miró Rivera Architects. After passing the then-record $88 million purchase of a penthouse at 15 Central Park West, One57’s penthouse is currently the only property in the city to pass the $100 million mark.

Designed by Christian de Portzamparc and developed by Extell, One57 rises more than 1,000 feet just south of Central Park. The top levels of the skyscraper feature 92 condos and the lower levels contain the 210-room Park Hyatt hotel.

Dell’s penthouse is not expected to hold the title for the city’s most expensive condo for too much longer, as nearby 220 Central Park South has a four-floor penthouse expected to close for more than $200 million. The luxurious supertall was designed by Robert A.M Stern and developed by Vornado Realty Trust.

[Via WSJ]


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