Extell Growth has snagged a latest spate of dear offers at 50 West 66th Avenue.
The newest was a $46.75 million closing for Unit 41E, in accordance with public information. The almost 7,000-square-foot unit was mixed from two smaller models on the forty first ground, in accordance with an modification to the event’s providing plan filed with the New York Lawyer Common’s workplace.
The unit options six bedrooms and 6 bogs, together with 288 sq. ft of out of doors area, in accordance with the supply plan. As has been the case with a variety of the constructing’s largest listings, the rental was by no means listed publicly.
The sale fell simply wanting the most costly condo sale recorded on the constructing to this point. Unit 47E closed for $46.77 million in October, the West Aspect Rag first reported. One week later, a 3rd unit on the forty second ground bought for nearly $45 million, in accordance with public information.
All three models, the most costly closings within the constructing so far, spanned 6,942 sq. ft and closed for over $6,400 per sq. foot.
A number of the most costly models which have discovered consumers nonetheless have but to shut. Unit 52E, one other mixture unit spanning almost 7,000 sq. ft, nabbed a contract with a final asking value of $54.5 million final December. (Mansion World reported this week that the deal is anticipated to shut for that value, however has but to be recorded.)
The latest offers cap off what has been a robust 12 months for the Lincoln Sq. tower, which has been greater than a decade within the making after developer Gary Barnett scooped up the primary parcel of the assemblage in 2014.
Barnett has since needed to navigate stiff native opposition to the 775-foot-tower, culminating in a 2019 lawsuit that was finally thrown out in 2021. Following that swimsuit, the regulation agency Extell employed to defend its venture sued for unpaid legal charges final 12 months.
However 2025 has appeared to make the trials and tribulations all value it. Since beginning closings earlier this 12 months, the constructing is now over 70 % bought, in accordance with Marketproof.
Facilities on the 127-unit tower embody full-size basketball and pickleball courts, an indoor saltwater lap pool, bowling alley and sauna and steam room. The constructing may have one other set of facilities on the twentieth ground that embody an outside saltwater pool and scorching tub.
Barnett is busy elsewhere on the Higher West Aspect, the place he’s slowly unveiled a variety of buildings deliberate on the positioning of the previous Disney campus.
In November, Extell filed plans with the town for a 355-foot-tall constructing at 37 West 66th Avenue, which referred to as for 58 residential models and ground-floor retail. The general lot requires as much as 158 residential models, indicating that extra constructing is more likely to come.
On one other piece of the previous Disney Campus, Barnett is hoping to construct a 1,200-foot supertall on Columbus Avenue that may dwarf his and each different tower within the space.
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