Tuesday, February 17, 2015

Signposts: "21,000 Square Foot Triplex Penthouse In NYC To List For $150 Million"

From The Real Deal:

From top: The upper and middle levels of 550 Madison Avenue (Credit: E.B. Solomont)
A triplex penthouse at the Chetrit Group’s 550 Madison Avenue will have the astronomical price tag of $150 million and is slated to shatter the record for the city’s priciest listing, The Real Deal has learned.

The $150 million penthouse will encompass floors 33 through 35 of the 37-story tower between 55th and 56th streets, according to an offering plan filed with the New York Attorney General’s Real Estate Finance Bureau and reviewed by TRD. The residence will be serviced by a private elevator and will measure a whopping 21,504 square feet – a vast space that will hold eight bedrooms, eight bathrooms and 10 powder rooms, according to the offering plan. Douglas Elliman is listed as the selling agent.

The asking price per square foot for the 550 Madison triplex is about $6,975, in comparison to the $10,489 per square foot the Zeckendorfs are planning to ask for their $130 million triplex atop 520 Park Avenue....MORE
HT: Homes of the Rich who leads with a picture of the "Chippendale" pediment:

21,000 Square Foot Triplex Penthouse In NYC To List For $150 Million