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.

ONE57 on Billionaires Row

ONE57 apartments on Billionaires Row (c)Robert Nickelsberg for Getty Images






Category : NEWS

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