This Is the Most Expensive Building in New York. Inside Everything is Out of This World
Up until now the most expensive building in New York used to be 15 Central Park West.
But things have just changed, One57 is a 90-fllor super skyscraper that’s right in the midtown of Manhattan and right now it’s the most expensive building in Manhattan.
The average price per square foot for just a year is of 6010 dollars, while the most expensive building in Manhattan of the year before was of 5726 dollars per square foot.
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And, of course, the apartments aren’t small so the overall sum reaches stunning prices.
According to businessinsider.com, it’s no surprise the skinny skyscraper is breaking records.
It’s located on a stretch of 57th Street known as “Billionaire’s Row,” and for most of its existence, it’s been a magnet for foreign millionaires and billionaires trying to get in on the New York real estate boom.
Though the identities of most of the buyers of units in the buildings are shielded by limited-liability corporations, the New York Times was able to sniff out two billionaire buyers:
Canadian Lawrence S. Stroll and Silas K. F. Chou of Hong Kong.
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A buyer named Doijang Li, who is likely a Chinese national, picked up a $30 million condo this year, according to the Real Deal, and a Chinese airline exec Guoqing Chen paid $47.4 million for another space in the supertall.
Another Chinese national, Tao Liu, paid $3.56 million for an apartment in 2012, but tried to flip it in 2014 for a profit.
Hedge fund star Bill Ackman was also identified as the buyer of a $90 million slice by The Wall Street Journal — one of the most expensive apartment sales in New York ever.
New York’s most expensive sale in history was also in One57, where a mystery buyer dropped $100.47 million on a top-floor duplex earlier this year.
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