A $59 million apartment in One57—one of the residential giants that lines Manhattan’s lavishly named “Billionaires Row” —has found a buyer, just weeks after chopping $11 million from its price tag.
The 6,240-square-foot apartment received its discount in March, down from the $70 million it was asking when it first hit the market in October, listing records show. It entered contract Monday, according to listing records.
— Mansion Global (@MansionGlobal) April 24, 2018
The seller of the home is reportedly Canadian billionaire fashion investor and race track owner Lawrence Stroll. Mr. Stroll, 58—who has invested in Ralph Lauren, Tommy Hilfiger and Michael Kors—could not be reached for comment. He is worth an estimated $2.7 billion, according to Forbes.
He is thought to be behind the limited liability company listed in property records that purchased the home for $55.55 million in 2014.
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Mansion Global could not determine the buyer of the unit or its final sale price.
The three-bedroom residence has a private landing, a 1,500-square-foot master suite and floor-to-ceiling windows with views across the city, according to the listing with Nikki Field of Sotheby’s International Realty, who did not immediately respond to a request for comment.
The building might be best known for being the home of the most expensive single residence ever sold in New York City. It was revealed in February that the owner of the record-setting $100.47 million duplex penthouse is Dell Technologies founder Michael Dell.
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