I spent a day on NYC's Billionaires' Row. Here's your ultimate guide to one of the city's glitziest streets, which borders Central Park and is home to the most expensive apartment ever sold in the US.
Katie Warren/Samantha Lee/Business Insider
- Billionaires' Row in New York City is known for having some of the most expensive residential real estate in the world.
- I walked around the area to get a look at eight of the newest supertall luxury skyscrapers, several of which are still under construction.
- Billionaires' Row includes Central Park Tower, the tallest residential building in the world.
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In wealthy cities around the world, from New York to London to Los Angeles, a certain ritzy neighborhood or street is given an extravagant nickname: Billionaires' Row.The term generally refers to a super-wealthy part of a city that's home to some of the world's richest people living in some of the world's most expensive homes.Advertisement
In New York City, Billionaires' Row includes a set of eight ultra-luxury skyscrapers along the southern end of Central Park in Manhattan. The buildings were recently built or, in some cases, are still under construction.Alexander Glibbery of Compass told me.
Indeed, Billionaires' Row is just a few blocks from the city's most glamorous shopping district: Fifth Avenue.StreetEasy describes Billionaires' Row as "an enclave around 57th Street" that's "become a symbol of the city's increasingly stupendous riches."The new towers at Billionaires' Row - some of which have not yet welcomed residents - have already seen record-breaking real-estate sales.Advertisement
In January, billionaire hedge-fund manager Ken Griffin broke the record for the most expensive home ever sold in the US when he bought a $238 million penthouse at 220 Central Park South, a Billionaires' Row skyscraper designed by Robert A.M. Stern that's still under construction.
I walked around Billionaires' Row on a recent spring afternoon. Here's what it looks like.
Billionaires' Row is the term for a collection of supertall luxury skyscrapers in New York City along the southern end of Central Park. The buildings are home to some of the most expensive residential real estate in the world. Some were recently finished, and others are still under construction.
I walked around Billionaires' Row to check out eight of the newest, tallest, and most luxurious towers in New York City.Advertisement
Three of the eight towers are on 57th Street, a bustling thoroughfare that includes some classic New York City destinations including the Russian Tea Room and Carnegie Hall.
1. ) 111 W. 57th St., also known as "Steinway Tower."Advertisement
Active listings at 111 W. 57th St. range from $18 million for a three-bedroom to $57 million for a four-bedroom penthouse, according to StreetEasy.
2.) 157 W. 57th St., commonly referred to as "One 57."Advertisement
According to Curbed, One 57 has been nicknamed the "Billionaire Building."
3.) 225 W. 57th St., also known as "Central Park Tower."Advertisement
Sales in Central Park Tower launched in October 2018.
4.) 220 Central Park South.Advertisement
220 Central Park is home to the most expensive home ever sold in US history.
5.) 53 W. 53rd Street.Advertisement
53 W. 53rd St. is the southern-most tower of Billionaires Row.
6.) 432 Park Ave.Advertisement
432 Park Ave is home to several notable residents.
7.) 520 Park Ave.Advertisement
520 Park Ave is the only of the Billionaire's Row buildings located in the Upper East Side, rather than Midtown.
8.) 252 E. 57th St.Advertisement
Edward Seisdedos, a real estate broker at Compass, told me he's sold three apartments in the building totaling about $20 million.
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