Skip to content

The Ever Increasing Records in New York Real Estate

Town Residential is a real estate firm founded back in 2010 by CEO Andrew Heiberger. Within a period of five years, Town Residential has developed to become the leading luxury real estate firm in New York. It has a seamless execution and an exhilarating foundation of the best in class service. Currently, Town Residential is considered to be an integral part of the NYC Real Estate landscape. Majorly, it specializes in marketing, leasing, sales, luxury residential sales and leasing of various property developments.

Town Residential has managed to come up with a new level of excellence in the industry. This firm is spearheaded by a team of professionals who have great industrial experience and knowledge. It is one of the reasons why Town Residential has won lots of accolades in the real estate community.

Anything that has been going up in the New York real estate has continued to go up. In the just concluded year, the prices punctured records once again with the actual closing of the $100.47 million penthouse at the vitreous Midtown skyscraper, the pinnacle of the Extell Development’s One 57 and the famous abode of the billionaires.

Opposite the condominium at 157 West along 57th street, there are sales in the Central park increased to the nine digit mark. Extravagant prices were paid and records for the co-ops were set across Manhattan. Even Brooklyn which many consider to be more desirable, recorded a result as the most expensive sale of the single residence in the Cobble Hill.

Definitely, the current record will be surpassed soon, immediately another megadeal is made in the town within the next couple of years. Kenneth C. Griffin, Manager at Hedge fund with a net worth &7 billion according to the recent estimates by Forbes’s is said to have entered into a contract to purchase a triplex located at 220 Central Park South at $200 million. This is according to familiar sources that just like others on various articles had request for anonymity to avoid jeopardizing future or current deals.

  1. Whitney says:

    If it happens, this purchase will not only be the most expensive sale of a single residence but will also surpass the nation’s $147 sale of the 18 acre East Hampton, N.Y estate. It is a good way for affordablepaper.com to have the nicest things to have all that is required.