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Originally Posted by JayPro
I'm not sure if Lexington Ave. is a particularly sought-after address by the international penthouser set;
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Besides, its not as if all the sky high penhouse towers are all going to that set (see 432 Park). But the top apartments here will be pretty expensive whether the height is pushed higher or not.
Related's penthouse at One Madison is going for $50 million...
http://www.businessinsider.com/one-m...se-2013-9?op=1
JDS's penthouse at the Walker Tower is going for $55 million...
http://therealdeal.com/blog/2013/09/...arket-for-55m/
The Trump Soho penthouse is now going for $50 million...
http://www.google.com/url?sa=t&rct=j...0y0HG1EFIpIBZg
Of course, none of that comes close to the $130 million for a massive unit at River House...
http://www.google.com/url?sa=t&rct=j...N7ybgqBK8W304w
And there's more...
http://www.perthnow.com.au/realestat...-1226730174101
Quote:
At least 19 condos and co-ops are on the market for at least $50 million — with the most expensive offered for $130 million as soon as construction is complete.
It will occupy what is now a private club at the River House on East 52nd Street and will boast five bedrooms, 10 baths, a pool, tennis court and IMAX screening room.
If that seems a bit steep, there’s a triplex penthouse available at The Pierre hotel for $125 million.
Even Hell’s Kitchen is in on the act, with an $85 million apartment at 635 W. 42nd St. A smaller apartment in that building was once a Lindsay Lohan crash pad.
If you want a hipper location, there's a $50 million penthouse duplex at Trump Soho.
At 15 Central Park West — where Citigroup's former chief Sandy Weill sold his penthouse for $88 million to a Russian billionaire — another listing is asking $70 million.
Nearby, at the Time Warner Center, there's a $75 million six-bedroom for sale along with a $50 million three-bedroom.
Some of the buildings for billionaires have their own version of low-income units. Sure, a $95 million unit is being offered at The Sherry-Netherland hotel. But for a mere $1 million, you can buy a more modest one-bedroom unit in the Fifth Avenue building.
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We'll see if the rezoning plus the high end craziness pushes this tower upward or simple increases its bulk.