There's a new most expensive condo building in New York City
Move over 15 Central Park West - there's a new most expensive building in town.
One57, the 73-floor supertall skyscraper in midtown Manhattan, has been crowned the new most expensive building in Manhattan as of 2015, according to a report by CityRealty.
The building's average price per square foot for the year was $6,010, while last year's most expensive, 15 Central Park West, came in at only $5,726.
It's no surprise the skinny skyscraper is breaking records. It's located on a stretch of 57th Street known as "Billionaire's Row," and for most of its existence, it's been a magnet for foreign millionaires and billionaires trying to get in on the New York real estate boom.
Though the identities of most of the buyers of units in the buildings are shielded by limited-liability corporations, the New York Times was able to sniff out two billionaire buyers: Canadian Lawrence S. Stroll and Silas K. F. Chou of Hong Kong.
A buyer named Doijang Li, who is likely a Chinese national, picked up a $30 million condo this year, according to the Real Deal, and a Chinese airline exec Guoqing Chen paid $47.4 million for another space in the supertall. Another Chinese national, Tao Liu, paid $3.56 million for an apartment in 2012, but tried to flip it in 2014 for a profit.
Hedge fund star Bill Ackman was also identified as the buyer of a $90 million slice by The Wall Street Journal - one of the most expensive apartment sales in New York ever. New York's most expensive sale in history was also in One57, where a mystery buyer dropped $100.47 million on a top-floor duplex earlier this year.
