A unit at Central Park Tower scored the priciest contract in Manhattan last week, just beating out a unit at another building by Gary Barnett’s firm at 50 West 66th Street, according to Olshan Realty.
Unit 82E at Central Park Tower had a last asking price of $26.7 million, which was reduced from $34.5 million, the price included in the property’s offering plan. Spanning almost 4,300 square feet, the apartment features four bedrooms and four full bathrooms. Nearly all of the floor-to-ceiling windows have views of the park.
The tower has over 50,000 square feet of amenities, including indoor and outdoor pools, a fitness center and a 100th-floor club room that comes with a ballroom, bar, dining and cigar lounge.
An in-house Extell team led by Gabriele Tonini and Tim Rizzo is heading sales, alongside a team from Corcoran Sunshine Marketing Group helmed by Kane Manera and Janet Wang.
The 1,550-foot-tall building, marketed as the tallest residential building in the world, has seen a number of units close after steep discounts. Another unit on the building’s E line, 84E, closed over two years ago for $25 million, according to Olshan.
A 116th full-floor unit closed for $46 million last year, down $7 million from its last asking price and almost $20 million from its initial price listed in the developer’s offering plan. Another unit spanning the entire 121st floor closed for $47.5 million in November after dropping its asking price to $55 million from the more than $65 million listed in the offering plan.
The second most expensive contract signed last week went to Unit 43S at 50 West 66th, another Extell tower. The home was asking almost $24 million.
The four-bedroom, four-bathroom condo spans roughly 3,500 square feet. Its living room has ceilings stretching over 14 feet and faces Central Park. Prices at the 70-story building have tended to go the other way compared to Central Park Tower; unit 43S originally asked just over $22 million in the building’s original offering plan.
An in-house team from Extell Marketing Group, a team from Douglas Elliman led by Janice Chang and Timothy Hsu and a team from Corcoran led by Beth Benalloul and Hilary Landis are overseeing sales at the building. Chang brought the buyer for the deal at unit 43S.
Extell has also created a number of supersized units, which have scored some of the priciest sales in the building, like Unit 41E, a 7,000-square-foot, six-bedroom apartment that closed for over $46 million in December.
The building includes 50,000 square feet of amenities, including indoor and outdoor pools, squash, basketball and pickleball courts and a porte-cochere entrance.
Last week saw 33 contracts signed in Manhattan for homes asking at least $4 million, up from 23 in the previous period. Twenty-five condos snagged deals, along with five co-ops, one cond-op and three townhouses.
The January luxury market in Manhattan ended roughly in line with last year. There were 103 contracts signed for $885 million this year, compared to 96 contracts signed for $896 million last year.
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