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Towards a record: a $250 million apartment

by Alexandra Hartman Editor-in-Chief

The Central Park Tower, the world’s tallest residential condominium, is on course to break a new record with its apartment for sale at US$250 million.

The triplex penthouse, located at 217 West 57th Street, Billionaire Alley, is expected to hit the market Monday for the indecent sum of $250 million US, or more than $330 million Canadian, according to the New York Post.

If purchased at that asking price, it would become the most expensive home ever sold in the country. Such a large purchase would smash the record currently held by billionaire Ken Griffin, who spent an estimated US$238 million on four floors across the street.

The Central Park Tower penthouse comprises three levels – from the 129th to the 131st floors – with interior space that spans approximately 17,500 square feet.

Additionally, there is a 133-square-meter (1,433-square-foot) outdoor terrace with stunning city views, the highest private terrace in the world as well as the tallest private ballroom on the planet.

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