[NYguy]

https://nypost.com/2018/01/02/eight-...-single-month/

Eight condos at this supertall netted $232M in a single month




By Jennifer Gould Keil
January 2, 2018

New York City’s tallest residential building, 432 Park Ave. in Midtown, had eight contracts signed in December for a whopping total of $232 million, according to Olshan Realty’s Luxury Market Report.

Not bad for a building reportedly modeled on a trash can.

Three of the eight contracts are part of the city’s biggest deal of the year, a $91 million combo on the 92nd and 93rd floors that went into contract on Dec. 4 and closed two weeks later — a velocity that the report notes is highly unusual.

On Dec. 29, two units on the 91st floor also went into contract to one buyer, whose identity is shielded by a limited liability corporation. At the time, PH91A was asking $40.25 million and PH91B was asking $39.75 million. Both units boast three bedrooms and three bathrooms, and spectacular views framed by the 10-by-10 windows the building is known for. If combined, the single unit would measure a sprawling 7,929 square feet.

As for the $91 million deal closed earlier in December, its three units will be combined to create a massive apartment that would span all of one floor and half of another. (The cost to combine them will be picked up by the seller.) The three apartments were originally on the market, separately, for a sum of $120 million.

Rounding out December’s eight contracts, StreetEasy listings show, are three more deals: a 65th-floor condo that closed for $26.43 million, a 36th-floor unit last asking $17.5 million and a 35th-floor apartment last asking $17.25 million.

Designed by Rafael Viñoly, 432 Park Ave., which is also the tallest building in the Western hemisphere, is 1,396 feet tall and can be seen from all five boroughs.

High-powered residents include Nassir Abdulaziz al-Nasser, who served as the president of the 66th session of the United Nations General Assembly, and real estate mogul Howard Lorber.

Lovebirds Jennifer Lopez and Alex Rodriguez added star power to the building by returning to look at one apartment four times last year, The Post previously reported.

The building’s developer, Harry Macklowe, is also building a love nest at 432 Park to share with his mistress-turned-fiancée — even as he is still in the midst of a high-profile divorce from his estranged wife, Linda. She recently gave up her option on a unit and will be getting her deposit back.