Posted Dec 22, 2021, 7:59 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,903
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https://www.wsj.com/amp/articles/dev...it-from-condo-
Quote:
….. The luxury building, which includes a pool and fitness center, a sauna and steam room, a private theater and a billiards room, is more than 90% sold, according to the developer’s court filing on Wednesday.
Listing website StreetEasy shows that a number of the building’s most valuable apartments are currently on the market. They include a Japan-inspired, full-floor apartment owned by Mitch Julis, a co-founding partner of the Los Angeles hedge fund Canyon Capital Advisors, which is asking $135 million. Also listed is the project’s top-floor penthouse, owned by Fawaz Al Hokair, a Saudi billionaire property mogul, which is on the market for $169 million, according to people familiar with the building.
The building is known for drawing some of the world’s wealthiest people, including finance-industry leaders, celebrities and high-profile real-estate executives. Some of the biggest names who have called the building home include superstar Jennifer Lopez and her former partner, onetime Yankees slugger Alex Rodriguez. The apartments are also some of the priciest in the world. Mr. Al Hokair paid $87.66 million for his penthouse in 2016, one of the highest prices ever paid for a New York apartment, records show. In more recent years, sellers in the building have faced competition from a group of new towers erected on Billionaires’ Row, including 220 Central Park South, 111 West 57th Street and Central Park Tower.
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