Douglas Elliman’s Janice Chang is dipping into her personal provide of recent improvement listings.
The broker and her husband, former Spire Improvement Company president Ross Nodell, paid $17.8 million for a apartment at Extell Development’s 50 West 66th Street, the place Chang heads gross sales. The deal for Unit 50N landed in public data on Wednesday.
The condominium has 4 bedrooms, 14-foot ceilings and a loggia, in response to Chang, who mentioned she and Nodell had been drawn to the north- and east-facing unit resulting from its “sweeping views,” together with Central Park, the Hudson River and George Washington Bridge.
Chang — whose group positioned among the many high new improvement brokers within the metropolis in The Actual Deal’s latest rankings — mentioned she’s lived within the neighborhood for almost 30 years. She and Nodell at present reside on the Park Millennium, a 280-unit luxurious tower just some blocks away from Extell’s Lincoln Sq. skyscraper.
The mission picked up steam late final yr, as a number of expensive deals hit the books, together with an almost $47 million deal for a 7,000-square-foot apartment, Unit 41E, in December. The sale closed about two months after one other condominium, Unit 47E, bought for roughly the identical worth and a Forty second-floor unit traded for $45 million.
Chang mentioned the 127-unit constructing is roughly 80 % bought, with closings underway since final yr. She added that gross sales on the tower have benefited from a scarcity of recent provide within the neighborhood, pointing to Zeckendorf Improvement’s 15 Central Park West, developed within the early 2000s, because the final main luxurious mission to launch within the space.
Facilities on the constructing embody indoor and out of doors swimming pools, basketball and pickleball courts and a porte cochere with valet parking. Among the many items nonetheless in the marketplace are a six-bedroom apartment on the 62nd ground asking $85 million, in addition to a five-bedroom, 51st-floor condominium asking $54 million.
Extell founder Gary Barnett’s newest stroke of success on the constructing got here after years of fighting again towards neighborhood opposition to the tower, together with a lawsuit filed towards the developer in 2019. The case was dismissed two years later, however the regulation agency representing Extell then sued the corporate for unpaid authorized charges.
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