From the April issue: Years before anyone called 57th Street “Billionaire’s Row,” developer Gary Barnett was gunning for a sales record at his Christian de Portzamparc-designed One57 in Midtown. In December, he got his wish, when his top penthouse sold for $100.5 million, setting a record for the most expensive apartment ever sold in Manhattan. [more]
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Penciling out the penthouses
Soaring prices for luxury apartments bulk up profit margins for developers
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