$52M penthouse at One High Line in Chelsea among downtown’s most expensive sales

June 26, 2023

All photos courtesy of Nicole Franzen

A penthouse at a new luxury condominium in Chelsea has gone into contract for $52 million, joining an exclusive list of downtown Manhattan’s priciest homes. Designed by Bjarke Ingels, One High Line consists of two twisting towers with views of the Hudson River, the High Line, and beyond. As first reported by the Wall Street Journal, the full-floor penthouse measures roughly 7,000 square feet, in addition to a nearly 5,000-square-foot private terrace.

While the High Line-adjacent project, formerly known as the XI, topped out in 2019, pandemic and developer problems stalled the two-tower development. After acquiring the property in 2021, the Witkoff Group & Access Industries rebranded the condo as One High Line and relaunched sales last year.

The block-long condo at 500 West 18th Street includes 236 apartments across the two buildings. Gabellini Sheppard designed the interiors for apartments in the 36-story west tower and Gilles & Boissier handled the residences in the 26-story east tower.

The building’s 18,000-square-foot amenity space starts with a porte-cochère entrance and landscaped courtyard and continues to a wellness center with a 75-foot lap pool and well-equipped fitness center. The Faena Hotel, New York will also open at the building; residents will be able to access the hotel’s members club and spa.

According to The Corcoran Group, the $52 million penthouse takes up the entire top floor of the taller tower, with six bedrooms and seven and a half baths. The residence boasts 360-degree views of the Hudson River and Manhattan skyline.

If the deal closes, the penthouse would be one of the priciest apartments in downtown Manhattan. Other $50 million homes in the area include an apartment at 70 Vestry Street in Tribeca that sold for $56 million and a residence at The Getty in Chelsea that sold for $59 million.

The One High Line sale marks the third penthouse to go into contract at the building recently, including a $30 million penthouse that sold earlier this month.

As One High Line nears the finish line, new images were released of a home designed by Dan Fink. The three-bedroom, three-and-a-half-bath apartment mixes vintage furniture with contemporary artwork and custom decor.

“The building that Bjarke designed is so elegant, with its embracing pairs of towers and glistening water views. I wanted the interiors to reflect that kind of natural grace and beauty,” Fink said.

“We chose furnishings in simple, sophisticated shapes, covered in easy materials and soft palate. It feels calm to be and live there, floating above the High Line and the river.”

[Listing details: 500 West 18th Street, West PH36 by Deborah Kern and Steve Gold of The Corcoran Group]


All photos courtesy of Nicole Franzen

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