15 March 2018
Crown Building's five-story, $180M penthouse allegedly has a buyer
Aman New York Residence And Pool 0

The most expensive apartment ever sold in New York City is $80 million less than that

By Amy Plitt  Mar 15, 2018, 4:29pm EDT


It’ll be some time before the lauded Crown Building on the corner of Fifth Avenue and 57th Street realizes its future as a swanky hotel and ultra-luxury condos, but that hasn’t stopped one person from allegedly snapping up the development’s proposed five-story penthouse—and according to the Real Deal (who cited “a source familiar with the project”), they may have paid a heart-stopped $180 million for the pleasure.

Per an amended offering plan for the building, TRD says that the more than 14,000-square-foot apartment entered contract at that exorbitant number, which works out to more than $14,000 per square foot. That’s leaps and bounds above the highest price ever paid for an apartment in NYC; that record is still held by a One57 penthouse that traded hands in 2014 for $100.5 million. Earlier this year, tech billionaire Michael Dell was outed as the buyer of that unit.

Floorplans for the penthouse, which were obtained by TRD earlier this year, show a boatload of ridiculous amenities spread out over its five stories, including a show kitchen and a working kitchen, a piano lounge, two swimming pools, a full-floor master suite, and a game room.

Of course, this is all conjecture at this point—it remains to be seen if the penthouse will, in fact, close for such a high price. But it may have some competition in other buildings along Billionaires’ Row, including Central Park Tower—where more than 20 apartments are allegedly priced north of $60 million—and 220 Central Park South, which reportedly has its own bonkers $250 million penthouse.

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