The new residents at Extell Development’s One57 are essentially the Avengers, if the Avengers were all Tony Stark.
The buyers of the nine full-floor apartments near the top of the 157 West 57th Street tower are certified billionaires, Extell Development president Gary Barnett told the New York Times. Two of those palatial units are duplexes under contract for more than $90 million each, and the other seven condos were sold for $45 million to $50 million.
The elite circle includes several Americans, at least two Chinese buyers, a Canadian, a Nigerian and a Brit, the New York Times reported. Since the November sales launch, more than $1 billion worth of apartments have been purchased. At least 52 of the 92 units have been taken, with two potential buyers from China considering one of the four available full-floor apartments, which run $50 million and up.
“The scale of wealth in this building is just unheard of,” Miller Samuel president Jonathan Miller told the New York Times. “Despite all the problems economically, you are seeing these people invest in real estate unlike in any period that has ever happened.”
Even some owners at the lofty 15 Central Park West, one of Manhattan’s most exclusive addresses, are being drawn to One57; at least three 15 CPW residents have purchased units in the Christian de Portzamparc-designed building, according to Sotheby’s International Realty broker Nikki Field, who represented the buyer of a 6,240-square-foot apartment on the 85th floor.
The New York Times toured that 85th floor apartment and took in the billionaire-bird’s-eye views:
“From the apartment’s main living room, the park seems to roll out like a giant green carpet. On a clear day, you can see all the way to the Bronx. To the east, planes can be seen taking off from La Guardia and Kennedy Airports. The Atlantic Ocean pokes out over the horizon. To the northwest, the gentle bend in the Hudson River is visible. Closer in, you can see the grassy terrace of the $88 million penthouse at 15 Central Park West.”
One billionaire who won’t be joining the One57 party is London developer Nick Candy, the creator of One Hyde Park, Europe’s most expensive apartment complex. Candy, who is on the hunt for prime New York real estate, wanted to flip a unit before construction finished and Barnett refused, the New York Times reported from e-mails between the two.
Perhaps Candy might take up with 432 Park Avenue, which will seize One57’s title of tallest residential building when it finishes construction in 2015.