Billionaires Row Apartments For Sale

Why establish the West 57th Street area as Billionaires Row? 

From the 57th Street corridor, as one goes higher in these buildings, the views open up to the most spectacular sweeping views of Central Park’s landscape. In addition, the Billionaires Row NYC views are breathtaking. The proximity of the 57th Street corridor to Central Park’s southern edge has fueled this ultra-luxury building boom with some of the most glamorous apartments in Manhattan.

There are only so many people in the world who can afford such high-end real estate, highlighting the exclusivity of the area.

Le zonage "de plein droit" dans cette zone rend la construction d'un immeuble très haut beaucoup plus facile que dans l'Upper West Side ou l'Upper East Side, par exemple, où elle est pratiquement interdite. En outre, nombre de ces bâtiments minces ne sont possibles que grâce aux progrès technologiques dans le domaine de la construction, ce qui permet de construire des bâtiments étroits dans des espaces apparemment impossibles.

Why Manhattan?

The Manhattan real estate market has had a great long-term historical track record in terms of price appreciation, resiliency, and stability. For these reasons, many owners will use these ultra-luxury apartments as vertical safety deposit boxes, keeping large chunks of their net worth out of international and domestic gyrating stock markets, as well as far away from political turmoil and economic uncertainty. While there are periodic corrections in real estate markets, such corrections are nothing like what happens with the price of gold or even in the stock market - remember 2009! Many of these ultra-luxury apartments attract wealthy foreigners looking to invest in New York City's real estate market.

Il faut s'attendre à payer entre 15 et 30 millions de dollars pour des appartements d'entrée de gamme avec vue directe et dégagée sur Central Park dans bon nombre de ces immeubles de prestige, bien que certains immeubles, comme One57, le pionnier du quartier, et Central Park Tower, l'immeuble résidentiel le plus haut de l'hémisphère occidental, disposent de quelques unités plus petites et, par conséquent, de prix plus bas, ce qui les rend parfaits pour les acquéreurs de pied-à-terre.

Billionaires Row - How it Began

The addition of the Time Warner Center (now known as the Deutsche Bank Center) in Columbus Circle in 2005 is, perhaps, were the seeds of Billionaires Row. The two towers welcomed luxury buyers to the West Side of Manhattan, mostly for the first time. Having a Mandarin Oriental Hotel in one of the towers was a big boost to the neighborhood.

Soon after, however, 15 Central Park West, also popped up along Central Park West. It became one of the most successful condo buildings in NYC, solidified the West side as a place the rich wanted to be. With great views of Central Park and luxury amenities, buyers flocked to these buildings. New skyscrapers are much more common in regions like Asia and the Middle East, emphasizing the global nature of luxury real estate.

In the succeeding years, developers were in an epic race to purchase air rights from 57th St and 59th Streets from Eighth Avenue to Park Avenue to take advantage of “as of right” parcels. As long as the owners had enough air rights, they could build as tall as they wanted. Over the years there would be few handful of towers that made up what is now called Billionaire’s Row.

One57 by Extell was the first super tall residential tower on 57th St between 6th and 7th Avenues. The 1,050 foot tower opened with the Park Hyatt Hotel in the base of the building. Extell did a great job with the product it delivered. Other developers took note and copied their vision for 57th St and it’s environs. At first many foreign buyers, including those from China, were drawn to these developments, but as more and more were ready for occupancy, local and US high rollers were also drawn in by the projects.

Pour obtenir une analyse plus complète de chacun d'entre eux, veuillez nous contacter directement.

Central Park Tower   

The Tallest Residential Building in the World

Adresse : 217 West 57th Street, New York, NY

The tallest residential building in the world, standing at 1,550 feet tall, Central Park Tower at the corner of Broadway between 57th and 58th Streets, boasts amazing helicopter views of Central Park and NYC. This iconic structure significantly impacts the New York City skyline, adding a new dimension to the city's architectural landscape.

Adrian Smith + Gordon Gill Architecture, has a lot of experience designing supertalls– having designed the Burj Khalifa, the world’s tallest building located in Dubai. Extell tapped Rottet Studio, which has designed interiors of the St. Regis, Four Seasons and Langham branded hotels.

Extell applied lessons learned by developing One57, New York’s first ultra-luxury tower on Billionaires Row to Central Park Tower. Apparently, one lesson learned was to offer all residents access to the amazing views on the upper floors of the tallest residential building in the world by way of the 100th floor grand ballroom and private bar and restaurant. The grand ballroom can entertain 126 people. There is also a landscaped terrace with a 60’ outdoor pool on the 14th floor (in addition to the indoor pool).

Central Park Tower usurped 432 Park as the tallest residential building in the Western Hemisphere by 51 feet. It also is taller than 111 West 57th Street by only 128 feet. It rises 50% higher than 220 Central Park South, the new 953 foot Robert A. M. Stern tower that lies directly north.

Les appartements de Central Park Tower à vendre commencent à 6 millions de dollars, mais peuvent aller jusqu'à 250 millions de dollars. Si vous êtes à la recherche d'un appartement de luxe de 50 millions de dollars dans le quartier des milliardaires de New York, Central Park Tower en compte 10 !

Le coût d'un appartement à Central Park Tower dépend vraiment de l'étage auquel il se trouve et de la vue qu'il offre. La hauteur et la vue augmentent vraiment le prix à New York.

111 West 57 Street 

The World's Skinniest Skyscraper

Adresse : 111 West 57th Street, New York, NY

The world’s skinniest skyscraper, 111 W 57th Street, is one of New York City’s exclusive skyscrapers, rising 1,428 feet above the old Steinway & Sons 1925 headquarters. Considerably higher than its neighbor One57, which is 1,005 feet tall, it is one of the tallest in NYC. The views from this building are stunning, as the building perfectly bisects Central Park, creating a symmetrical view of the park.

The full floor and duplex concept for the tower, making the building very exclusive, with a maximum of only one unit per floor in the tower. The building will has 60 luxury condos with prices in line with many of its ultra-luxury competitors.

The terra cotta and bronze façade designed by SHoP architects is quite unique and beautiful. And, one of our favorite interior designers, Studio Sofield, created gorgeous living spaces throughout. Property Markets Group and JDS were the developers of the project.

Le prix du 111 West 57th Street pour une vue dégagée sur Central Park est de l'ordre de 20 millions de dollars. Il y a d'autres unités à des prix plus raisonnables sans vue sur le parc dans la partie inférieure de l'immeuble.

Superior Ink (400 West 12th Street): Designed by NYC’s favorite architect, Robert A.M. Stern, Superior Ink is a full-service luxury condo building along the Hudson River. There are also a set of adjacent townhouses on West 12th Street that were designed as part of the project. This development has been a huge success since its arrival in 2009.

 220 Central Park South

The Most Expensive Condo Building in NYC

Address: 220 Central Park South, New York, NY

Set on the southern edge of Central Park South between Seventh Avenue and Broadway, 220 Central Park South is one of the most successful of all the buildings along the 57th Street corridor. The real estate development process of 220 Central Park South involved meticulous planning and design to ensure its luxury status.

220 CPS, developed by Vornado Realty Trust, has some of the best DNA out of the bunch with its permanently unobstructed views of Central Park from most units. New Yorkers love the work of the building’s architect Robert A. M. Stern, who also built other ultra luxury projects neighboring 15 Central Park West and 520 Park Avenue.

Stern knows how to design for the ultra-wealthy set and has had a great track record in this market segment. While 220 Central Park South has a lot in common with its elegant neighbor, 15 Central Park West, it is a much more slender and taller version.

With its limestone façade, classic uptown pre-war styling, house and tower combination, and a private car court on 58th Street.

 432 Park Avenue

The Only Building in NYC inspired by the Perfect Square

Address: 432 Park Avenue, New York, NY

One of the tallest residential buildings in New York, 432 Park is 1,398 feet tall. It is located between 57th and 56th Streets and Park and Madison Avenues - perhaps the most expensive block in Manhattan. This building offers luxury real estate, attracting high-profile buyers and investors.

L'architecte Rafael Vinoly a conçu les extérieurs des appartements du 432 Park Avenue et Deborah Burke les intérieurs. Le design de Vinoly s'inspire du carré parfait, qu'il a utilisé pour la plaque de sol du bâtiment, ainsi que pour des sections de l'extérieur du bâtiment et pour chacune des fenêtres, qui mesurent 3,5 m sur 3,5 m. Les hauteurs de plafond sont énormes, avec des dalles de 3,5 m d'un côté à l'autre. Les hauteurs de plafond sont énormes, avec 15 pieds de dalle à dalle.

Des sections sont découpées tous les 10 étages, ce qui permet de réduire les oscillations dues aux vents violents.

With such a large floor plate of 8,500 square feet, 432 Park has some of the most expensive Billionaire NYC Penthouses. On the lower floors owners can even purchase staff quarters and private office condos exclusively for sale to owners.

While there is no hotel component at 432 Park Avenue, residents have an array of first class amenities, including a private dining room and motor court. In addition, since there is no hotel component, residents won’t have to share their swimming pool or any other amenities with hotel guests. However, residents can have housekeeping, room service, and parking even though there is not hotel.

520 Park Avenue

One of the Best Addresses in NYC

Address: 520 Park Avenue, New York, NY

520 Park Avenue was developed by the Zeckendorf’s, the same team behind the uber-successful 15 Central Park West, 18 Gramercy Park and 50 United Nations Plaza. Its 31 units rise only 51-stories, making it by far the shortest of the bunch in the 57th Street corridor.

Positioned prominently in the New York Real Estate, 520 Park Avenue stands out for its exclusivity and high-end offerings.

Katherine Clarke, a journalist and author with expertise in the New York City real estate market, has highlighted the high-stakes environment of luxury real estate development in her book Billionaires Row.

520 Park is in the southern section of the Upper East Side on East 60th Street between Park and Madison Avenue. Since this is a low-rise neighborhood, apartments have great views of Central Park and the city while, at the same time, being in a traditional New York neighborhood.

The building’s design take cues from New York’s grand apartment buildings from the 1920s and 1930s, as well as modern interpretations of these bygone apartment houses, such as 15 Central Park West, 220 Central Park South and The Four Seasons Private Residences Downtown NY, which also were designed by the same architect, Robert A. M. Stern.

Chaque unité est soit un duplex de plain-pied, soit un triplex pour le penthouse. Ils offrent des aménagements classiques dans un cadre moderne, avec des espaces de réception distinctifs, des salons et des salles à manger formels, de grandes hauteurs de plafond et des finitions de grande qualité. Les duplex et les triplex sont dotés de balcons offrant une vue imprenable sur Central Park. La surface de l'immeuble est petite par rapport à certains de ses concurrents, permettant un étage complet de 4 chambres à coucher de seulement 4 600 pieds carrés, ainsi qu'un duplex de 6 chambres à coucher de plus de 9 200 pieds carrés.

Étant donné le pedigree de ce bâtiment, comme son emplacement superbe, un promoteur extrêmement prospère (les Zeckendorf), et l'architecte vénéré Richard A.M. Stern, il ne fait aucun doute que ce bâtiment aura du succès auprès d'un certain public. En raison du faible nombre d'unités, nous nous attendons à ce que ce bâtiment

Le West Village a toujours accepté sa culture bohème et ses habitants hauts en couleur. Historiquement, le village a été le point de convergence de nombreux mouvements politiques et culturels, tels que les droits des LGBTQ, l'égalité raciale (Cafe Society, la première boîte de nuit à intégration raciale de la ville, a ouvert ses portes en 1936).

En raison de ses racines littéraires, le West Village regorge de librairies qui vendent des livres neufs et d'occasion. Descendez Bleecker Street et faites du lèche-vitrine dans certaines des boutiques les plus originales et les plus jolies que New York ait à offrir.

Le mouvement pour les droits des homosexuels a connu un moment décisif dans le West Village, au Stonewall Inn, sur Christopher Street, en 1969. Une grande partie de cette scène s'est toutefois déplacée vers Chelsea et Hells Kitchen au fil des ans.

Un 57

The Building that Started Billionaires Row

Address: 157 West 57th Street, New York, NY

Billionaire’s Row likely never would have happened if it wasn’t for Extell’s foray into ultra luxury with the addition of One57. One57 was the first building in New York City to record a sale close to $100 million, marking it as a pinnacle of luxury real estate. According to Business Insider, the developers assert that the board’s lawsuit is misguided and that it perpetuates a false narrative about the building, which they argue harms unit owners and the property’s value.

Designed by French architect Christian Portzamparc, the building is 1,050 sq. ft. tall. Interiors were created by Thomas Juul-Hansen. Positioned almost smack dab in the middle of 6th and 7th Avenues, One57 has breathtaking symmetrical views of Central Park to the north.

Les résidences disposent de cuisines signées Smallbone of Devizes et celles qui offrent les meilleures vues sur le parc sont grandes, entre 3 000 et 6 800 pieds carrés.

The 5-star flagship Park Hyatt NY Hotel is housed in the lower half of the building. In addition to One57 amenities, residents can have 24-hour room service, housekeeping service, dry cleaning and laundry, etc.

53 W53 (at MoMa)

Jean Nouvel's Avant-Garde Masterpiece with an Exoskeleton

Adresse : 53 West 53rd Street, New York, NY

53 West 53 is rising 1,050 feet tall into the New York skyline, a bit shorter than its original 1,250-foot design, but still a supertall. While not exactly on Billionaires Row, the tower is located close by one building east of 6th Avenue between 53rd and 54th Streets, will rise 72 stories and feature 145 ultra-luxury condos.

Positioned prominently in the luxury real estate market, 53 West 53 offers unparalleled living experiences in one of the most sought-after locations in New York City.

The Wall Street Journal has frequently covered real estate news, including legal disputes and market conditions surrounding luxury skyscrapers like 53 West 53 in New York City.

Bien que le bâtiment soit un peu plus éloigné de la 57e rue et de Central Park que certains autres dans le corridor de la 57e rue, nous nous attendons à ce que le projet de Jean Nouvel triomphe en raison de son architecture véritablement unique en son genre.

French architect Jean Nouvel’s design is at the same time “out there” but also very cool, as only Jean Nouvel knows how to do it. The Pritzker Prize winning architect has long been revered as a risk taker for his creative experimentation that always results in cutting edge designs.  The building tapers to a set of peaks at the tower’s apex and the building’s skin will be an exoskeleton.

Conçus par Thierry Despont, les intérieurs sont chaleureux avec des cuisines de Molteni & C et des salles de bains en pierre calcaire de Vérone à finition italienne. Grâce à l'exosquelette, il n'y a pas de colonnes à craindre. Les fenêtres à triple vitrage sont à la pointe de la technologie et minimisent le bruit.

Résidences Aman New York 

Unique Aman Experience in an Urban Sanctuary

Address: 730 Fifth Avenue,  New York, NY

While not a supertall like the other Billionaires Row apartment buildings, the Aman New York Residences is located at that epicenter I spoke about earlier - along Billionaire’s Row at 57th St and Fifth Avenue. Sitting atop the gorgeous pre-war Crown Building, the Aman New York Residences features the first urban Aman Residences with only 20 ultra-exclusive luxury real estate properties.

The bottom floors house a new Aman Resorts New York Hotel with 83 rooms. The Aman boasts views of Central Park to the north and is incredibly expensive. The one-of-a-kind 5-story penthouse at the Aman New York sold for $135M.

Les résidents bénéficieront du service intuitif inégalé qui fait la réputation d'Aman. En outre, les résidents pourront profiter des équipements de l'hôtel, tels que le Jazz Club et la Garden Terrace.

Developed by Vladislav Doronin, the CEO and majority shareholder in Aman Resorts, who is also developing a few condo buildings we like in Miami: Una Residences and Missoni Baia. Longtime Aman collaborator, Jean-Michel Gathy of Denniston designed the interiors.

50 West 66th Street

The New Kid on the Block - with Loggias Overlooking Central Park and Super Tall Ceilings Heights

Address:: 50 West 65th Street

While not exactly on the Billionaires Row blocks, this building is 9 blocks north, along Central Park West in the Upper West Side neighborhood. Perhaps being in a residential neighborhood is one of the things that the other towers don't have, although 520 Park is on the edge of the Upper East Side neighborhood. Many of the other towers listed are in mixed commercial and residential locations, with a bent toward commercial.

Developed by Extell, the same developer as Central Park Tower, 50 W 66th St has many of the main features such as glass curtain wall, Smallbone and Devines kitchens, very high end architecture and interior design. Except it doesn't have a high floor amenity space like the 100th floor at CPT. In addition, the tower units in the building have 13 1/2' ceiling heights on the lower tower units and 14 1/2" ceiling heights in the higher tower units, these are some of the tallest ceilings of the bunch. One of the most rare features of 50 W 66th St is that each tower unit has at least one loggia with stunning views of the park - one of the most sought after features of Central Park view buyers.

In the works:

625 Madison Avenue 

625 Madison is slated to be a 1,200 foot tall tower on the West side of Madison Avenue between 58th and 59th Streets. Developed by Related, this mixed use development will have retail, luxury condos and potentially a hotel component. . 

655 Madison Avenue

Extell is busy developing another supertall two blocks north of 625 Madison, also on the West side of the street between 60th and 61st Streets. While records show a plan for a 37-story building, given Extell's track record, we expect this to be a supertall at least as tall as One57 but not as tall as Central Park Tower, both of which were developed by Extell. 

How to Buy a Billionaires Row Apartment

Having lived in the Columbus Circle neighborhood since 2007, these buildings have been like our babies. It’s been fun to watch the epic race that developers were on that resulted in the ultra-luxury building boom in the luxury real estate market. One thing for sure is that they are all very nice, but there are nuances between them that are not evident without some inside knowledge of the buildings themselves and what potential competitors are coming to market in the near and short term. Billionaire’s Row development marks a new era in New York City’s real estate landscape, characterized by the transformative impact of Billionaires Row. 

Following the success of Billionaire's Row in NYC, Miami Beach is now joining the ultra-luxury real estate trend with the introduction of Billionaires Beach in South Beach led by SHVO. 

Reach out to us to get the inside info on all of these gems.