New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

New York & Tri-State  + Midtown New York  + Apartments  | 

Extell Seeks $250M for Central Park Tower Penthouse 

Extell Development Company has put the world’s highest residence on the market. The penthouse at Extell’s Central Park Tower, 255 W. 57th St., is listed for $250 million. 

Situated 1,416 feet above the ground, atop the world’s tallest residential building, the penthouse spans 17,545 square feet of interior living space on three levels and a 1,433-square-foot outdoor terrace. Serhant.’s Ryan Serhant and Loy Carlos have the listing. 

“Central Park Tower has set a new bar for resort-style living, architectural innovation and impeccable interior design and the Penthouse is the crowning achievement,” said Gary Barnett, founder and chairman of Extell .  

He continued, “We have experienced significant sales activity this past year, further supporting our belief that buyers needed to see the completed building firsthand. We are confident that Serhant. will build on our success, as well as bring their own approach to selling this unprecedented residence.” 

Connect

Inside The Story

ExtellSerhant.

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

Step 1: Select Education
  • ◦Sale/Acquisition
NewPoint-07-cube
AshcroftCapital-07-cube
New call-to-action
CRETech-01-cube