Manhattan’s ultra-luxury condo market has a new high-water mark: $150 million. That’s the price set by developer Chetrit Group for a 21,500-square-foot (2,000-square-meter) triplex residence on the 33rd through 35th floors, at the former Sony Building in Midtown, according to Bloomberg.
In 2004, Chetrit was the lead investor in a group that purchased the 110-story Sears Tower in Chicago for $840 million.
The Sony Tower, formerly the AT&T Building, is a 647 feet (197 m) tall, 37-story high-rise skyscraper located at 550 Madison Avenue, between 55th Street and 56th Street, in Manhattan. It was formerly the headquarters of Sony Corporation of America, until the building was sold to the Chetrit Group for $1.1 billion in 2013.
The Sony building was originally designed by architect Philip Johnson and partner John Burgee, and was completed in 1984.