Stratospheric Sales

Another $95 million listing.

Another $95 M. Apartment in Manhattan? Yawn.

It’s a little embarrassing, really. A day after 15 Central Park West announced its $95 million listing, 50 Central Park South had to go and announce that it also had a $95 million listing. And they’re even on the same floor (the 35th). But we’re sure that the owner at the Ritz-Carlton had been totally planning to list the apartment for, like, months now, so like, whatever 15 Central Park West.

Anyway, the big takeaway  is that there are now two $95 million apartments on the market, in addition to a $100 million apartment at CitySpire, not to mention the One57 penthouse that sold for somewhere north of $90 million—maybe $95 million!

Because this is the new reality of the trophy property market in Manhattan, as The New York Times, who first reported the listing, claims. Or at least, it is the old reality of really rich people who want to be even richer people and are hoping that slapping a $95 million price tag on their apartment will make it a $95 million apartment. Read More