Sales at contested 200 Amsterdam Avenue will launch soon, including two $40M penthouses

August 23, 2019

Renderings courtesy of Binyan Studios

Last week, construction of the residential floors at 200 Amsterdam Avenue topped out and now we’re getting a little peek at what the luxury, CetraRuddy-designed interiors will look like. There will be a total of 112 apartments in the controversial Upper West Side tower, including eight full-floor residences and two duplex penthouses. Sales are set to launch in September, with prices starting at $2.625 million for a one-bedroom and exceeding $40 million for the penthouses.

The lower penthouse will occupy the entire 49th and 50th floors, sprawling over 6,325 square-feet. The four-bedroom unit will also have 650 square feet of private exterior space and sweeping skyline views. Above it, the second penthouse will take floors 51 and 52, with the same interior square-footage and a slightly smaller exterior space, about 280 square feet. Both will feature stone fireplaces, wet bars, double-height staircases, and private elevators. CetraRuddy’s palette includes white oak floors and marble kitchens.

All residents will receive a yearlong membership at Lincoln Center and access to amenities like a spa with a 75-foot heated saltwater pool, a meditation room, a fitness center, a Pilates and yoga studio, a golf simulator, a private dining room, a soundproof music rehearsal room, a library, a communal terrace, and a children’s playroom.

Construction shot of 200 Amsterdam Avenue from earlier this month, courtesy of CityRealty

As 6sqft previously reported, the project has been challenged by community groups and elected officials because of its oddly-shaped, “gerrymandered” lot. Opponents argue that the building extends beyond the building site, which is prohibited by the city’s zoning code. Most recently, city regulators approved the developers’ right to build the tower in June, but preservationists filed a lawsuit to appeal the decision in July.

As the Wall Street Journal noted, luxury condo sales have been slow this year, partly due to oversupply. 200 Amsterdam’s developers, SJP Properties and Mitsui Fudosan America, think the project will be shielded from lackluster sales since there aren’t many new developments in the neighborhood. “There isn’t one market in New York City, there are numerous submarkets,” Stephen Kliegerman of Brown Harris Stevens Development Marketing, the real-estate firm handling sales at the building, told the Journal. “The Upper West Side has continually outperformed the market, and there is really very little new product coming on the market there.”

Once complete, the 668-foot tower will be the neighborhood’s tallest—at least until 50 West 66th Street exceeds it.


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