The most expensive penthouse in the US reduces its price by 55 million in search of a buyer — idealista/news

by time news

2023-09-25 09:03:52

The highest penthouse in the world and the largest of all Manhattanwhich was also at the top of the most expensive of USA, it seems that he will not get the podium in real estate transactions. The triplex, located in the skyscraper Central Park Tower and known as ‘The only one above all’, has been forced to lower its price by 55 million dollars (51.4 million euros), after a year on the market without finding a buyer.

The initial price of the property was 250 million dollars (around 234 million euros), so The reduction is 22% and places it at 195 million dollars (183 million euros). After this reduction, everything seems to indicate that the title of the most expensive transaction in the country will continue to be held by an apartment in its neighboring tower, which it acquired for about 238 million dollars (223.2 million euros) billionaire Ken Griffin, owner of the Citadel investment fund.

It is not the first case of a property that tries to beat this record, since ‘The One’ mansion, in the Bel Air neighborhood of Los Angeles, went on the market for $500 million (468.9 million euros) in 2021. However, its builder declared bankruptcy due to the construction costs and finally had to auction it for 141 million dollars (132.23 million euros).

Possible design defects have hindered its sale

For its part, when the triplex went on sale in 2021, it quickly became a social media sensation. However, problems did not take long to arrive. In December 2022, a CBS correspondent He experienced the noise and force of the wind inside, at a height of 475 m2, despite the promotion of the skyscraper, which promised the feeling of being isolated from the noise of the street with views of the entire city.

After this, the doubts about the possible design defects They did not stop increasing, something that has generated a decrease in the interest of millionaires in these apartments located in high skyscrapers. It is not the first to be built in Midtown in recent years, an honor that the 432 Park Avenuewhich suffered complaints from its owners for unbearable noise, flooding and problems with the elevators.

Even though the Extell promoter, tasked with building the Central Park Tower, hoped to spark the interest of billionaires, by the end of 2022 the tower had fewer than 30 full-time residents. Thus, it currently has 14 apartments for sale ranging from 6.5 million dollars (6.1 million euros) to 195 million (183 million euros) for the penthouse.

In this way, while said promoter encourages those who have a fortune of between 100 and 1 billion dollars (between 93.7 and 937 million euros) to acquire properties that reach these same figures, the triplex with the highest ballroom on the planet, 23 bedrooms, two kitchens and 11 bathrooms, is still looking for an owner.

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