$100 million New York penthouse sale at One57

A two level New York penthouse of the One57 condominium tower has been settled with the price of US$100.5 million, a record for Manhattan.

Unit 90, which spans the 89th and 90th floors of the 306-metre tower, has almost 1,020 square metres of space at One57 West 57th Street.

Bloomberg reported One57, near Carnegie Hall, broke ground amid the global property crisis (or rout as the US called it) in 2009, then setting off a high-end residential development boom. 

Sales at One57 began in 2011 and have topped $1 billion. As of the end of September, 24 of the project's 94 condos were unsold.

Another duplex at the building, spanning the 75th and 76th floors, is under contract at more than $90 million to an investment group that includes Bill Ackman, founder of New York-based hedge-fund firm Pershing Square Capital Management. 

The luxury skyscraper apartment building designed by French architect Christian de Portzamparc.

Extell is listed on the Tel Aviv Stock Exchange, where the company sells debt to investors.

City records show the mystery buyer was listed as P89-90 LLC, the sale having been first announced in May 2012.

The deal sets a new bar for the Manhattan residential market, breaking a record set in 2012 when former Citigroup, chairman Sanford Weill sold his penthouse at 15 Central Park West for $88 million to fertilizer tycoon Dmitry Rybolovlev.

The priciest closed sale of the year was hedge-funder Israel Englander’s purchase of the former French Ambassador’s residence at 740 Park Avenue for $71.2 million, the most ever paid for a NYC co-op. Broker Serena Boardman of Sotheby’s handled the listing, the realdeal.com reported.