NEW YORK | Sony Tower | 648 ft. / 197.5 M | 37 FLOORS | 1984

[NYC4Life]

Quite a markup for Sony considering they purchased the tower from AT&T for $230 million.

[Perklol]

This building is a gem. I like its turquoise and the non-flat roof.

[shadowbat2]

http://therealdeal.com/blog/2015/02/...ilding-condos/

If a $150 million penthouse is a tad out of your budget, fret not: the Chetrit Group’s forthcoming 550 Madison Avenue condominium has tons of options for the budget-conscious billionaire.

Overall, the average asking price for the 96 residences at the former Sony headquarters is $4,791 per square foot, with a total sellout of $1.8 billion, according to an offering plan filed with the New York Attorney General and reviewed by The Real Deal. In comparison, Harry Macklowe’s 432 Park asked $6,894 per square foot on average, Extell Development’s One57 asked $6,888 per square foot, and Related Cos. and HFZ Capital Group’s One Madison asked $5,061 (Prices are as of TRD‘s most recent ranking in Feb. 2014)

At 550 Madison, prices start at $11 million, or $3,550 per square foot, for a three-bedroom condo that measures 3,100 square feet. Four-bedrooms range from $14.85 million for a 4,138-square-foot pad to $32.3 million for a 5,827-square-foot duplex unit.

In 2013, Chetrit, David Bistricer’s Clipper Equity and other investors paid $1.1 billion for the property, which is located between 55th and 56th streets. Along with the condo portion of the building, the 37-story tower will have just over 240,000 square feet of commercial space, 25,787 square feet of retail space and a 10,600-square-foot museum space, according to the offering plan.
- See more at: http://therealdeal.com/blog/2015/02/....n053y6UV.dpuf

http://therealdeal.com/wp-content/up...02/enlarge.jpg

Chetrit Group’s planned $150 million penthouse at 550 Madison Avenue won’t just be the most expensive condo in Manhattan, it will also be the largest — by far.

At 21,504 square feet, the triplex will be akin to a house in the sky. (A house with eight bedrooms, eight full bathrooms, 10 powder rooms, a billiard room, two media rooms, a library/bar, wine room, gym and spa.)
- See more at: http://therealdeal.com/blog/2015/03/....OcN0Teju.dpuf