The listing for a three-story condo at Central Park Tower was reduced after failing to sell for a year.
Central Park Tower at 217 W. 57th St. along Billionaires’ Row in Manhattan.
Photographer: Amir Hamja/BloombergThe developer of a penthouse on Manhattan’s Billionaires’ Row once listed for a record $250 million appears to have slashed the price 22% after failing to sell the condo in its first year on the market.
The roughly 17,500 square foot (1,626 square meter) condo atop Extell Development’s Central Park Tower on W. 57th St. is now priced at $195 million on listing brokerage Serhant’s website.
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NYC Penthouse Once Listed for Record $250 Million Gets 22% Price Cut