central park tower Archives - Rava Realty

America’s elite are getting wealthier, deals over $100M are back

Posted by:

This year, the borough has recorded two sales over $100 million, the first since 2022. Recently, a penthouse at Vlad Doronin’s Aman New York sold for $135 million, following a $115 million sale at Central Park Tower.

Stock market gains and increasing wealth among the ultra-rich are driving these sales. By the end of last year, the top 1 percent’s wealth hit a record $45 trillion, largely due to stock holdings, which encouraged more spending.

The strength of the luxury market is unaffected by ...

Continue Reading →
0

World’s Highest Residential Club in Central Park Tower

Posted by:

Extell has revealed renderings of the Central Park Tower’s 100th floor residential club. Perched over 1,000 feet above Billionaires’ Row, this will be the highest residential lounge in the world.

The club will span 8,300 square feet and include a private ballroom, a dining room, a bar, a full-service kitchen, and a wine and cigar lounge.

Continue Reading →

0