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Our blog showcasing the finest high-end residential and investment properties in the world.

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New York Penthouse listed for $100 million

A Long Island real estate developer has listed his octagon-shaped penthouse at CitySpire, which the owner says has the highest terraces in New York City, for $100 million. It is located in CitySpire, a tower that created controversy when it went up in 1988 because the developer built it higher than zoning codes allowed. The city reached a settlement with the developer. There also were complaints from area residents of loud whistling emanating from the tower. Louvers on the top of the building had to be adjusted to reduce the noise.

An exclusive listing is offering an octagon-shaped penthouse in midtown-Manhattan that boasts three floors of living space, panoramic views of the city, six bedrooms, nine bathrooms and a wine room for 1,000 bottles. The 8,000-square-foot apartment on West 56th Street has its own elevator and wraparound terraces on three floors. It is possible to see nearly all the city's bridges from its 135 windows. 

The penthouse is being sold by Steven Klar, who bought it for $4.5 million in 1993 and spent at least as much renovating it. Klar's triplex, occupying the 73rd through the 75th floors, is the exclusive listing of Raphael De Niro, a broker with Prudential Douglas Elliman and the son of actor Robert de Niro.

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