Aurora Capital Associates a signed contract for a penthouse in 140 Jane Street in which $ 87.5 million were asked, The real deal has learned.
The current deal comes only four months after the developer announced that it was preparing for the Real Estate, one of the 15 units in the West Village project.
If the apartment closes for the listing price, the deal would set a new record for the center of Manhattan, making it a unit in the 150 Charles of the Witkoff Group that traded for $ 60 million earlier this year. The sellers, financier Harsh Padia and his wife, interior designer Purvi Padia, sold the apartment for about double what they paid nine years earlier.
Plans for the penthouse of 9,500 square feet at 140 Jane Street include floor-to-ceiling windows, a wraparound terrace and three balconies. The building, which quietly launched the turnover last summer, is planned for completion in early 2027. Except for one except units, a contract has already been concluded.
The inked contract “reinforces what everyone says about the center of Manhattan,” said Nikki Field of Sotheby’s International, who represents the buyer in the deal. “It is the coast of the new billionaires.”
Veld refused to share the identity of the buyer, but said that her customer agreed to buy the property at a zoom presentation. She added that the new development market of the city did not see a building so close to the completion since the One57 of Extell Development, which indicates a high demand for quality projects in the light of the rapidly declining new development stock.
A Corcoran Sunshine team, led by Tara King-Brown, leads the sale in the project. Both King-Brown and Field refused to share the selling price.
News from the contract appeared for the first time in an Instagram post on Leonard Steinberg’s account of Leonard Steinberg that drives back against the industry against private exclusive offers, including criticism that houses through this channel marketing prevents sellers no more prices for top prices.
“The luxury markets in the city center are considerably healthier than the figures that are reported. Especially in brand new buildings,” Steinberg wrote in the comment. “Those who spit out a story that private exclusive all prices are depressed are clearly very wrong.”
Jake Indursky has contributed reporting.
Read more
Aurora Capital’s $ 88 million penthouse list to set up the price in the city center
A $ 60 million deal at Witkoff’s 150 Charles sets a record in the center of Manhattan
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