As we celebrate the last few days of 2015 and face the uncertainties of the new year ahead, at least we can look back on 2015 as the year that several records were broken or even shattered in NYC real estate. We saw the most expensive residential sale in Manhattan’s history take place at Extell’s One57 on Manhattan’s Billionaire’s Row of West 57th street. $100.47 million dollar was the sale price of the two floors totaling just over 10,000 square feet. A few floors down two floors another apartment known as the Winter Garden with a 2500 square foot atrium also sold for over $90mm.
Co-ops, and townhouses also broke records including Woody Johnson the owner of the NY Jets’ sale of a co-op which sold for $77.5mm for a duplex at 834 Fifth avenue.
Will this pace continue? Will 2016 see more records? What is your opinion?