Dive Brief:
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Construction is underway on a Park Avenue skyscraper that will house the most-expensive apartment ever built in Manhattan.
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Developer Zeckendorf Development will offer the 12,394-square-foot penthouse apartment for sale for $130 million when the tower is completed in 2017. That’s $42 million more than any home every sold in the city.
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The luxury home will feature an oversized terrace with a view of Central Park and will be the largest apartment on the tony Upper East Side.
Dive Insight:
Zeckendorf also build a condo tower on Central Park West, where units sell for a higher per-square-foot price than in any other Manhattan building.