An $88 million penthouse in the West Village is on its way to market.
Aurora Capital Associates is preparing to list a duplex condo at its 140 Jane Street project, where at least nine of its 15 units have landed buyers, Bloomberg reported.
The listing price is a peak for the area below 14th Street, and if the apartment sells for that price, it would set a record in Downtown Manhattan.
The current top sale, a condo at the Witkoff Group’s 150 Charles, took the title just last month when the sellers, financier Harsh Padia and his interior designer wife, Purvi Padia, traded it for $60 million.
Despite the eye-popping price tag, the condo won’t be the most expensive property on the market in Manhattan. Two Billionaires’ Row penthouses are in the lead: a quadplex at 111 West 57th Street asking $110 million and a six-bedroom spread at 432 Park Avenue asking $90 million.
The apartment at 140 Jane Street will be more than 9,500 square feet and have floor-to-ceiling windows, a wraparound terrace and three balconies.
Corcoran’s Tara King-Brown, who heads sales at the building, will have the listing.
Since sales quietly launched at the project last summer, units at the 11-story building have topped weekly contract reports in the borough. Two penthouses are under contract for $45 million and $41 million respectively.
News of the listing comes after details of 80 Clarkson Street surfaced last month. The 113-unit project by Zeckendorf Development and Atlas Capital Group is projected to yield close to $2 billion in sales, including a five-bedroom penthouse asking $63 million.
No units have officially hit the market yet, though the team, led by Dan Tubb and Amy Williamson, is expected to quietly begin marketing in the spring.
The city’s new development market picked up in March, with 302 deals inked for sponsor units compared to 284 in March last year, according to data from Marketproof. Fifty-three of those contracts were for homes asking more than $4 million.
— Sheridan Wall
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