Yesterday we learned that you can buy an entire island for $11 million, far less than the hundred-million-dollar condos popping up in Manhattan. So, you can spend one-tenth the price of the One57 penthouse, and instead of 10,923 square feet of glass-enclosed space, you’ll get 3.5 acres of land, a private beach, huge swimming pool, a 6,100-square-foot main house, and several other properties on the complex. Now that we’ve given you a little perspective, tell us what you think about this comparison.
most expensive NYC listings
Those who found themselves gobsmacked when news broke that the Sony building’s penthouse would be priced at $150 million, look out, here’s another jaw-dropping fact headed your way. TRD has reported that not only will the unit be the priciest in history if sold, but when complete, it will also hold the title of the city’s largest.
At 21,504 square feet, the triplex trumps the competition; TRD reports that the two runners-up include a 16,270-square-foot pad at 3 East 95th Street, which sold in 2006 for $21.9 million, and a 13,063-square-foot condo at The Plaza Hotel, which sold in 2007 for just over $50 million. The city’s most expensive sale recorded thus far—the $100 million penthouse at One57—measures a comparatively mere 10,923 square feet. The penthouse at the Phillip Johnson-designed building will boast eight bedrooms, eight full bathrooms, 10 powder rooms, a billiard room, two media rooms, a library/bar, wine room, gym and spa.
- Sony Building Penthouse Will Ask a Record-Breaking $150M
- Chetrit Group Plans $1.8B Sellout for 96 Condos in the Sony Tower
- $100 Million Condo Sale at One57 is NYC’s Most Expensive Ever
There’s a new priciest listing record in town, and it goes to the $150 million triplex penthouse at the Chetrit Group’s Sony Building condo conversion, according to The Real Deal. The 21,504-square-foot unit will occupy floors 33 through 35 of the 37-story tower at 550 Madison Avenue and have a private elevator, eight bedrooms, eight bathrooms, and ten powder rooms. If it gets what it’s asking for, it will break the record for the current highest condo sale, the $100 million penthouse that sold at One57 last month.
The penthouse craze began in the early 20th century thanks to media tycoon William Randolph Hearst. He took up residence in a three-floor apartment at the Clarendon at 137 Riverside Drive and, when his landlord refused to let him expand further, Hearst bought the entire building, adding two new floors to the top of his mansion, crowned by a new copper mansard roof.
Now, 100 years later, the rich and famous are still making headlines with their pricey penthouse purchases. Fellow media mogul Rupert Murdoch recently purchased a $57.25 million triplex penthouse, along with an additional full-floor unit (because why stop at just three?) at One Madison. His bachelor pad totals more than 10,000 square feet of interior space, wrapped in floor-to-ceiling glass. Is this the new standard for penthouse living? We’re taking a look at some of the top sky-high listings in Manhattan to find out.