One57 Penthouse apartment sells for $100m. New NYC record and we called it!
a 89 + 90th floor 6 bedroom, 7 bath + 2 powder room penthouse at 0ne57 just sold for $100m. We’re not shocked. In fact we called the $9,000 price per sq ft as the new normal for One 57 here (we projected $8,610).
The penthouse sold was 10,923 sq ft. Bill Ackman as we reported previously bought a penthouse apartment with investors for $90m for a 13,500 sq ft apartment or at $6,666 a sq ft. That’s looking like a hell of a deal and we stand by our projected flip price of $116m to $175m.
Buyer is unknown at present..likely shielded by a Delaware LLC as most high profile purchases tend to be.
The stars are aligning for Bill.