Donald Trump has often railed the government for allowing transactions where the Chinese take US jobs and money. Well, in a seemingly ironic twist of events, a new construction in Jersey City branded with the Trump name has fetched nearly $50 million from Chinese investors in exchange for visas, Bloomberg reports.
Though it’s been a while, 807 Park Avenue served as Sean P. Diddy Combs' “little” Manhattan mansion before he sold it to Aion Partners for $14 million in 2004. Diddy's initial purchase in 1999 for $12M never really suited him as he tossed it back on the market just a year later. Aion has since renovated the building in 2006, but the Landmarks Preservation Commission threw cold water on the more extensive hoped-for changes planned for the building.
Related Companies' 70 Vestry Street condo-offering plan has just been recently approved, expecting a sellout volume of $700 million, according to theRealDeal. The 47 apartments will fetch an average price of a whopping $14 million apiece.
The record-setting prices all started when 15 Central Park West sold its penthouse for a record $88 million in 2012. That number sounded unreal back then, but One57 easily surpassed it by selling its penthouses for roughly $90 and $100 million.
The Heritage at Trump Place, 240 Riverside Drive, already has three penthouses on the market that range from $17.5 million up to $35.495 million. Judging by the price they must be extravagant, but none of them comes even close to the newly listed penthouse.
One Eleven Murray Street—being developed by Fisher Brothers and The Witkoff Group—just released their teaser site. All indications are that it’s going to unleash its apartments to the market soon. The condominium development will contain 139 apartments covering 66 floors, with an average unit comprising 2,627 square feet. Unit designs will range from studios up to five-bedroom apartments. The building will have a total of 365,162 square feet of residential floor space.
The Durst Organization, the developer, apparently feels more than comfy on the block between 11th and 12th Avenues, bounded by 57th and 58th Streets. It all started with The Helena, the rental building that opened in 2005. Durst continued next to the Helena with New York City’s very first pyramid—or, as the designer likes to call it, a tetrahedron. It is nearing completion and should open its doors with 709 rental units sometime this year.
Jennifer Lopez has snatched up a luxury penthouse at 21 East 26th Street for $20.16 million. Public records reveal that the buyer was covered by an LLC, but the Daily News reports that the Bronx-born superstar is the actual buyer.
Once upon a time, everybody wanted their high-rise living rooms with floor-to-ceiling windows that boasted jaw-dropping views as far as the eye can see. Well, those times are over. The mega-luxury towers being built today are being thrust skywards as high as the concrete and steel can carry them, so they’ve got to have more than just living-room views. And the newest must-have amenity is the bathtub view! Admittedly, taking in a skyline view while enjoying the hot, relaxing satisfaction of luxuriating in a bubble bath isn’t something one would turn down.
The highest closed deal ever below Canal Street was a penthouse at 14 Hudson Street for $30.55 million in 2009, which, of course, is now back on the market with an asking price of $48 million. Well, that sounds like a lot, but 443 Greenwich Street—with its uber-luxury penthouse—could smash the record and set a new benchmark.
Singer, actress, model, socialite, jewelry designer, and, oh, right, the granddaughter of the one and only Conrad Hilton, has just snapped up a $4.9 million penthouse at 738 Broadway. Thankfully, it’s a pet-friendly building, so her seven cute little doggies won’t have to miss her while she’s staying in New York City.
The very fact that the 47th-floor-apartment belongs to Gisele Bundchen and her husband Tom Brady makes the beautiful views through its floor-to-ceiling windows, the four large bedrooms covering over 3,310 square feet, and the jaw-dropping bathroom all the more stunning. The supermodel/quarterback couple are asking $40,000 a month for the luxury apartment—or $42,500 furnished. The couple bought the suite just a year ago for $14 million.
SOHA is indeed on the rise! The up and coming South Harlem neighborhood continues to soar, with its newly listed $4.3 million condo taking the title as the most expensive home in the area.
Located at 301 West 118th Street the four-bedroom four-and-a-half bathroom condo at SoHa118 boasts 3,456-square-feet of luxurious living space that includes a den, a large living and dining area, an expansive terrace that stretches 753-square-feet, and a fireplace that would feel great on those cold New York City nights.
Developer, Ian Bruce Eichner, is bringing SyFy’s slogan, “Imagine Greater” to life in Harlem. Recent designs from Community Board 11 depict two futuristic buildings which look like they could have been featured in a Sy-Fy movie. Eichner’s plan is to introduce two 32-story (320 feet) residential towers at 1800 Park Avenue; upon completion they will be Harlem’s tallest.