The uberpricey Billionaires' Row tower has a projected $3.4 billion sellout
While two of the supertalls on Billionaires' Row are just now launching sales, one is reportedly gearing up to welcome residents. The Real Deal reports that the first closings will begin this week at 220 Central Park South, the Robert A.M. Stern-designed tower that's allegedly home to the city's most expensive apartment.
Even though the Vornado-developed project has finally reached this point, it's done so without ever having an apartment listed publicly. That air of mystery may be a marketing gimmick, or it may be Vornado CEO Steven Roth's way of signaling how exclusive this particular project is—or, perhaps, a bit of both. Gaining access to the elusive building is, allegedly, harder than any co-op interview, with Roth personally vetting potential buyers. (Some of the big names who've reportedly made it through that process are Sting and billionaire hedge funder Ken Griffin.)
As TRD notes, there's a good chance that some of the apartments in the building will break the record for NYC's priciest sold property, which is currently held by a $100.5 million condo at One57. At 220 CPS, there's reportedly a $250 million triplex near the top of the tower, along with an 11,000-square-foot quadplex asking above $100 million. The building has a total projected sellout of $3.4 billion.
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