The platinum, diamond-encrusted gauntlet has been thrown.

Right after steel magnate Leroy Schecter merged two of his condos at 15 Central Park West into a single apartment asking for $95 million, an owner of a duplex penthouse at 50 Central Park South has put his pad on the market for the same astronomical price.

The 5,078-square-foot, three-bedroom apartment is on the 34th and 35th floors, on top of the Ritz-Carlton Hotel. The unnamed owner, an Argentine tango dancer, bought the duplex under a limited-liability company for $19.95 million in 2006 and spent another $7 million renovating the place, The New York Times reported. The apartment, designed by architecture firm Gustavson/Dundes, has a steel-and-glass staircase with treads lit from below, a 42-foot-long ballroom with ebony oak floors and a glass-roofed solarium that leads to a 60-foot-wide, 689-square-foot terrace over Central Park.

Dianne Weston, the Halstead Property agent who is handling the listing, told The New York Times the owner opted to sell because “he understands the metrics of the market.” The unit is one of only 11 residences in the Ritz-Carlton, according to the Halstead listing, and a smaller unit on the floor below hit the market last month with a $50 million asking price.

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