$100M Condo Sale Sets NYC Record

Via the New York Daily News:

It’s the crown jewel of ‘Billionaires’ Row.’ A palatial apartment on 57th St. has broken the record for the most expensive apartment ever sold in Manhattan. A mystery buyer dropped a staggering $100.47 million on the penthouse apartment, which occupies the entire 89th and 90th floors of One57, the high-end apartment tower overlooking Central Park at 157 W. 57th St., according to city records. The property is the first single-family home to sell for more than $100 million in the city’s history. The previous record for a closed deal was held by Ekaterina Rybolovleva, daughter of Russian billionaire Dmitry Rybolovlev, who paid $88 million for a condo at 15 Central Park West nearly four years ago. While the $100 million closing price set a new record, the buyer actually got better value than Rybolovlev. The deal amounts to around $9,000 a square foot, compared with the $13,000 a foot paid by the Russian scion. The jaw-dropping, 11,000-square-foot pad has six bedrooms, seven bathrooms and two powder rooms, not to mention stellar Central Park and city views.

RELATED: Last week the New York Times took at look at how many of these jillion-dollar units sit empty after being sold.