Gary Barnett’s Central Park Tower ruled Manhattan’s luxury market last week.
A full-floor condo on the building’s 116th floor, asking nearly $53 million, was the priciest home in Manhattan to find a buyer between March 17 and March 23, according to Olshan Realty’s weekly report.
The sponsor unit at 217 West 57th Street, which initially asked $64 million when it was marketed off floor plans, spans 7,000 square feet and has five bedrooms and five bathrooms. The apartment features a private foyer, eat-in kitchen and a sprawling primary suite.
Extell Marketing Group and a team from Corcoran Sunshine – led by Kane Manera, Janet Wang, Tim Rizzo and Gabriele Tonini — are heading sales at the Billionaires’ Row tower.
The skyscraper, marketed as the tallest residential building in the world, has seen several of its units close for significant discounts compared to its initial offering plan. But the property has still logged a number of hefty sales, including a $115 million deal last summer for a duplex penthouse.
Since sales launched in 2022, 72 of the tower’s 180 units have sold for an average of $4,600 per square foot.
The Central Park Tower apartment was one of 31 properties in the borough asking $4 million or more to land inked deals, down from 36 in the previous period. Twenty-five of those homes were condos, four were co-ops and two were townhouses.
About half of the condos were sponsor units, with last asking prices discounted an average of 20 percent from the originals and were on the market for almost five years.
The second most expensive home to enter contract was the 46th floor at 111 West 57th Street, with an asking price of $23.8 million. The apartment spans 4,500 square feet and has three bedrooms and three bathrooms.
The condo, which last traded for close to $27 million, hit the market in September for $24.5 million. It features a great room with 14-foot ceilings and views of Central Park.
Compass’ Jim St. Andre, Trevor Stephens and Michael Maniawski had the listing.
Amenities in the building, developed by JDS Development, Property Markets Group and Apollo, include a fitness center, lap pool and private dining room.
The homes’ combined asking price was $267 million, for an average price of $8.6 million and a median of $6 million. The typical home spent more than 970 days on the market and was discounted 15 percent from the original listing price.
The priciest homes to hit the market last week were a five-bedroom penthouse at 832 Park Avenue, asking just under $30 million, and Unit 66B at 432 Park Avenue, asking $29.5 million, according to the Eklund-Gomes team’s weekly report.
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