Shine on.
Real Estate

Crystal Whipped II: Magnates Check in at Baccarat for $12.52M

When we visited the model unit at Starwood Capital’s Baccarat Residences, at 20 West 53rd Street, over the summer, a sales rep told us that the buyer pool contained “a surprising number” of domestic shoppers, an allusion, we took it, to the condo tower’s brazen appeals to the moneyed, the far-flung and the un-subtle. Standing in the heart of Midtown between Fifth and Sixth Avenues—and attached to a luxurious, related hotel—the Baccarat is the domestic equivalent of Lavo brunch. And a recent sale of a three-bedroom on the 31st floor, for $12.52 million, seems to have found owners that straddle the line between foreign and domestic.

Read More