Inside the $250 million penthouse on 'Billionaires' Row'
Inside the $250 million penthouse on 'Billionaires' Row'
Abstract
Perched on Manhattan's "Billionaires' Row" a strip of super-tall skyscrapers along the southern edge of Central Park it is being marketed as the ultimate real estate trophy for a billionaire looking to tower over New York City. "I've been selling real estate for 15 years now, and I've sold some of the most expensive real estate in New York, Florida, everywhere," said Ryan Serhant, of Serhant, who is marketing the penthouse. For the year, sales of apartments priced at $10 million or more have declined 38%, according to Miller Samuel. The most expensive sale of the year in Manhattan so far is a $74 million penthouse of the new Aman New York condo. Some brokers say the $250 million asking price for Central Park Tower penthouse is unrealistic. Serhant said the price is appropriate, given the sale of a penthouse at nearby 220 Central Park South for $190 million, or $20,000 per square foot. Serhant said the apartment's greatest amenities are the 360-degree views, with Central Park spreading out below like a green welcome mat and hills of New Jersey and New York suburbs visible in the distance.