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Sky-High Splendor: Manhattan's Billionaires' Row Penthouse Sells for $52 Million

A penthouse perched on Billionaires' Row in Manhattan's 111 West 57th Street tower has changed hands for an impressive $52 million, according to the developers, JDS Development Group and Property Markets Group. Originally listed at $58 million, this opulent residence features a double-height living room with commanding views of Central Park.

You can see 111 Wst 57th Street and Central Park in the background

The building itself is a fusion of modern design and Beaux-Arts architecture, with SHoP Architects responsible for the contemporary elements and Studio Sofield overseeing the interior design. This seamless integration includes the historic Steinway Hall, which dates back to 1925.

Penthouse 61, now off the market, stands out with its exclusive double-height living space spanning 7,175 square feet, offering floor-to-ceiling windows that frame stunning Central Park and city skyline vistas.

While the identity of the buyer remains undisclosed, public records have yet to shed light on this information.

Situated on the 61st floor of the 84-story tower, this penthouse boasts an open layout featuring a kitchen with custom cabinetry, crystallo white quartzite countertops, backsplash, and top-tier Gaggenau appliances. The residence encompasses three bedrooms and three bathrooms, with the main bedroom offering park views and a bathroom adorned with veined white onyx. This bathroom also boasts a custom antique polished soaking tub by William Holland and bespoke bronze fixtures by P.E. Guerin.

In addition to the penthouse sale, a separate 4,492-square-foot unit on the 26th floor of the tower has entered into a contract, reportedly fetching around $14.2 million. As of now, the buyer's identity and the final price have not been independently confirmed.

Swimming pool at 111 West 57th Street

The 111 West 57th Street building offers a host of amenities, including a private porte cochere, a fitness center with an 82-foot lap pool, a terrace, multiple lounges, a padel court, and 24-hour concierge and doorman services.

Michael Stern, founder and CEO of JDS Development Group, expressed his satisfaction with the sales success, attributing it to the exceptional quality of the residences and the thoughtful amenities designed to cater to discerning buyers.

The view out of one apartment in 111 West 57th Street

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