One57 once again hits the news, this time touting the most expensive rental property in NYC. Perched on the 80th floor of the 75-floor building (we’ll explain that later), the 6,250 square foot apartment is asking $150,000 furnished, or $125,000 unfurnished. With four bedrooms, floor-to-ceiling windows, and LOTS of seating for guests, this “Billionaire Building” residence is sure to make an impact. It is said to belong to the estate of Brazilian billionaire Edson Bueno, who died last year of a heart attack.
Extell Development’s One57 is a regular player in New York real estate news, beginning with the crane collapse during hurricane Sandy, followed by the 2014 sale of the most expensive apartment in New York City history at $100.5 billion (which Michael Dell was reported just this year to be the owner of.) Lately, however, One57 owners have taken losses on their units, with Unit 77 selling at $42 million vs. its 2015 $47.8 million purchase price and another unit going for $54 million vs. its 2014 purchase price of $55.6.
As for the building’s number of stories, it is marketed as having 90 floors, which can be attributed to creative math due to its mixed use towers, where it’s hard to tell where uses change. Still, sources have it on record the building is 75 stories, including the two below ground, despite the top residential floor being called the 90th. When you get that high, though, does it really matter?
Photos courtesy of Corcoran