Central Park Tower unit sells for $10M off its original ask

A 93rd-floor unit on the earth’s tallest condominium tower has offered for $28.58 million — greater than 1 / 4 off the preliminary asking worth of $38.75 million.

The patrons are Cindy Ok. Chan and Hung P. Wong, in response to property data.

The four-bedroom, 4½-bathroom unit is at Central Park Tower, which rises 1,550 ft tall at 217 W. 57th St.

The 4,296 sq. ft comes with a comparatively modest month-to-month upkeep charge of $6,336 a month.

So far, 15% of its 178 items have offered, in response to Kael Goodman’s Marketproof.

Condo items on Billionaires’ Row have been taking successful recently, because the US authorities barely tightened its anti-money laundering legal guidelines to make it rather less simple for nameless entities to stash soiled money in American actual property, which helped remodel some towers into personal piggy banks for world kleptocrats.

The trendy foyer on the supertall tower.
Extell Development Company

Supertall condos have additionally change into rather less alluring as trophies because the condominium board at 432 Park Ave. lately sued its builders over 1,500 allegedly defective, and probably harmful, design and building flaws.

Billionaires’ Row towers do supply over-the-top facilities to its patrons, nevertheless.

A rendering of the storage at 217 W. 57th St.
Extell Development Company

Central Park Tower, for instance, the place vogue icon Iris Apfel lately held her a hundredth birthday bash, boasts 50,000 sq. foot house on the a hundredth ground that includes a personal eating room and celeb cooks like Alfred Portale, Laurent Tourondel and Gabriel Kreuther, together with particular experiences curated by celeb occasion designer Colin Cowie.

There’s additionally an outside terrace with a pool and cabanas together with a gymnasium, lounge, screening room and youngsters’s playground.

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