Friday, October 25, 2013

Lower Manhattan Condo Seeks a Record $56.5 Million

Here's the story from Bloomberg.

A penthouse atop the Ritz-Carlton in lower Manhattan’s Battery Park City is listed for sale at $56.5 million, the highest-ever asking price for a downtown home.
The 7,500-square-foot (697-square-meter) duplex condominium at 10 West St. includes five bedrooms, five bathrooms and two outdoor roof decks, one with a view of the Statue of Liberty, according to the listing by Julie Kang, Matthew Gros-Werter and Steven Forkosh, brokers at Platinum Realty Group.
If sold at the asking price, the deal would be a Manhattan record for a property below 34th Street, according to Jonathan Miller, president of New York-based appraisal firm Miller Samuel Inc. The current downtown high was set in August, with the $42 million purchase of a penthouse at Zeckendorf Development Co.’s 18 Gramercy Park.

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