- Last Updated: 11:38 PM, May 17, 2012
- Posted: 11:31 PM, May 17, 2012
Maybe the bathrooms will be tiled with gold.
A Manhattan penthouse duplex that hasn’t even been built yet has sold for between $90 and $100 million, sources told The Post yesterday.
The buyer, whose identity has not been revealed, snapped up the 10,923-square-foot penthouse on the 89th and 90th floors of One57, a building under construction at 157 West 57th Street, directly across from Carnegie Hall.
The project’s developer, Gary Barnett, president of Extell Development Company, has boasted that the building is half sold — but it is impossible to independently verify that until any of the deals close.
The sky-high price is the result of uncertainty overseas, which has been driving foreign investors to buy real estate in New York, experts said.
The nationality and exact amount the buyer agreed to pay are also unknown, but the price tops the $88 million paid by Russian billionaire, Dmitry Rybolovlev, who reportedly bought a penthouse for his daughter last winter at 15 Central Park West that was owned by the former Citigroup chairman Sanford I. Weill.
While views from the new building will be stunning, the project is certain to block views of other nearby luxury buildings, which is expected to force their prices to fall.
Also, some potential buyers have walked away from deals at One57 citing, “design flaws,” real estate sources said.
Among the complaints so far are that its builders went against the advice of its architect and neglected to provide enough elevators — particularly problematic for people buying on high floors, who would have to wait a long time for their rides up or down.
The deal also means that New York trophy real estate is beginning to compete with London for the international world's big bucks.
In London, for example, Ukrainian billionaire Rinat Akhmetov paid $230 million to live in a luxury building named One Hyde Park.