Manhattan’s Final Penthouse Sells

Manhattan’s luxury market just hit another milestone as the final penthouse at One High Line, priced at $26.6M, went into contract after an eight-year wait — making it the most expensive sale in the city during the recent surge. Meanwhile, a Park Avenue duplex co-op, originally listed at $42M, sold for $22.6M, showcasing the wild swings in pricing. With 35 high-end homes totaling $299M in contracts, the average price hit $8.6M, though the median was just $6M — revealing a market still grappling with buyer hesitation and discounts. Developers Witkoff and Access Industries, who took over a stalled project in 2021, have already closed over $1B in sales and secured a $525M refinancing — proof that even in a slow market, top-tier real estate still finds its buyers. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/47fb2ba908195371