$ 22 million New York City Condo Tops most expensive sale of the week and it will be delivered with daily catered breakfast
Luxury can take benefits with you and the most expensive condominium that is sold in New York City for the week that ends on 7 September will be delivered with the daily catering for breakfast.
The apartment on 111 West 57th Street was mentioned for $ 22 million, lowered from the original price tag of $ 27.5 million when the building started in June 2016 with marketing of the maps, according to the Olshan Luxury Market Report.
“111 West 57th Street has a very high -end finishes and is quite attractive, but it needed a price adjustment that took place under Nikki Field at Sotheby’s,” Donna OlshanPresident of Olshan Realty, says Realtor.com®. “Sotheby’s is the third brokerage company of the project, and the asking prices have been reduced at least 15% since the building started in 2016 with marketing. Prices are crucial for the speed of sale.”
The apartment has almost 4,200 square base with three bedrooms and 3.5 bathrooms. The large room, which is 37 feet by 21 feet, has 14-foot ceilings and overlooks Central Park.
The primary bedroom has two walk -in cupboards and a bathroom with windows with a detached polished nickel bath. The secondary bedrooms are supplied with their own view: one is confronted with Central Park and the other face to the south.
It is the facilities that make this building stand out. Residents will enjoy exclusive caretaker service and a rare, private entrance of Porte Cochere on 58th Street that offers security and privacy.
Club 111 and Sports Club include free daily breakfast for all residents who are provided by Le Bilboquet; Wellness and lifestyle caretaker services; A swimming pool with two lanes with private cabanas; a separate sauna and treatment rooms; Double-Height Fitness Center with Mezzanine terrace; And private club space with eating and meeting rooms.
It is the first time that a building offers such benefits for its residents.
“We have seen flat bagels, croissants, orange juice and coffee in certain Condo buildings,” says Olshan. “I think the first building in which I saw this, 308 East 72nd Street called The Knickerbocker, developed by Jack Parker in 1997.” Olshan adds that they still serve continental breakfast.
This is the 10th time this year, a unit on 111 West 57th Street took the number 1 or no. 2 Deal in the Olshan report.
“The luxury copper today appreciates large space, high ceilings, views and very high -end finishes. They also like a series of facilities, including a swimming pool,” explains Olshan. “The development game is like a weapon race when it comes to competing for customers. The rich are still very rich and they love New York, but they have many choices.”
Summer delay
As the last weeks of the official summer months end, the consistency of the sale of luxury markets in Manhattan is the opposite of what home sellers in the US have experienced.
In general, active listed houses in July increased by 24.8% compared to the same time the year before.
There are more than 1.1 million houses for sale – the third consecutive month with 1 million active entries. While the inventory had risen, the copper activity was modest, according to the report Realtor.com July 2025 monthly Housing Market Trends Trends. In anticipation of the sale of houses – listings under contract – it appears 3% after year, about double the 1.6% decrease in June.
The National Median Catalog Prize for Houses was $ 439,450, an increase of 0.5% since last year and in accordance with 2023-24 levels. The median price per square foot also rose by 0.5% years after year.
