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Three $20 Million Listings Hit Manhattan Market in 24 Hours

One belongs to the vice president of the Blackstone Group, another is directly below Bette Midler’s apartment

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A trio of big-ticket listings, all priced at exactly $20 million, have hit the New York City market in a 24-hour period, according to listing records.

The homes, on East 72nd Street, Fifth Avenue and downtown on Leroy Street, have little in common beyond their asking prices.

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The full-floor property on East 72nd Street asking $20 million is owned by James Tomilson Hill, vice president of the Blackstone Group, and his wife, Janine, according to property records. Mansion Global could not determine when he bought it, or how much was paid for the home. Mr. Hill could not be reached for comment.

The 13-room co-op has five bedrooms, five bathrooms, high ceilings and a paneled library. Its monthly fees run to the tune of $15,358, according to the listing with Sotheby's International Realty’s Serena Boardman. Ms. Boardman did not respond to requests for comment.

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Over on Fifth Avenue, also on the Upper East Side, the next purchaser of a $20 million full-floor co-op will get to be the downstairs neighbor of the Bette Midler, according to a representative for Stribling, the brokerage handling the sale.

"There is a tremendous amount of wealth in the city looking for that special home and this fits the bill," said listing broker Bahar Tavakolian. "A quick search will show that there is absolutely nothing else available along Fifth Avenue that boasts this kind of space and views, perched on a high floor in a prestigious prewar building. We have priced this very smartly."

The apartment, with 11 rooms, five bedrooms and five bathrooms, has private elevator entry, wood-burning fireplaces and monthly maintenance fees of $14,014.

"It's a good time to list high-end properties because of a confluence of factors: The stock market is at an all-time high, the new tax plan is predicted to help the luxury market and we are heading in to the spring market, which is traditionally very active," Ms. Tavakolian said.

The benefit of listing now, rather than waiting for spring, Ms. Tavakolian said, is that "there is a bit less competition; spring can be a frenzy. Now, everyone is back in town after the holidays and vacations, which translates to more traffic to listings."

Ms. Tavakolian declined to comment on the seller of the home and Mansion Global could not identify his or her identity.

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The final $20 million apartment listed in the last 24 hours is a brand new unit at hotelier and developer Ian Schrager's development on Leroy Street in the West Village.

Spanning 4,557 square feet, the apartment—with views across the Hudson River—has four bedrooms, four-and-a-half bathrooms, floor-to-ceiling windows and a chef’s kitchen, according to the listing with Douglas Elliman’s Madeline Hult Elghanayan, Kirk Rundhaug and Dennis Mangone, who did not respond to requests for comment prior to publication.

Monthly fees for the property total almost $13,000. Occupancy at the curvy 15-story condominium building is slated for summer.