A 17,500-square-foot (1,626-square-meter) condo that sits on the top of Extell Development’s Central Park Tower was once listed for $250 million.
A year after its listing, and a year after failing to sell, the price has been slashed by 22%, to $195 million, according to a new report from Bloomberg .
Gary Barnett, founder and chairman of Extell, talked down the price cut to Bloomberg: “The original pricing on these units were headline prices.” Sure. He continued: “We have recently sold a significant amount of inventory at the top of the building and now want to get serious about selling these […]
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