12/09/2020
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A New York Penthouse 1,000 Feet Above Street Level Fetches $50 Million-Plus
A penthouse apartment at 111 West 57th Street, an under-construction ultra-skinny tower on New York’s Billionaires’ Row, has gone into contract for over $50 million, according to a person familiar with the transaction. The deal, signed in early November, is one of the priciest publicly disclosed contracts to have been signed in New York since the onset of the pandemic.
The terracotta-and-bronze tower, one of several new supertall spires on the south side of Central Park, is known locally as the Steinway Building because it incorporates the former Steinway & Sons piano store building into its design. It is being developed by JDS in partnership with Property Markets Group and Spruce Capital Partners. There are about 14 apartments inside the Steinway building and 46 units in the connected tower above.
In Contract Penthouse - $50 Million
111 West 57th Street, New York, NY
• 4 Bedrooms & 5.5 Bathrooms
• 7,103 Sq. Ft. Interior Space
&
Amy Williamson
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