Walker Tower PH Sells For $50.9M, Sets Downtown Record

As expected, the penthouse of Chelsea’s highly-acclaimed Walker Tower sold for more than $50 million, setting a new record for the most expensive home ever sold in Downtown Manhattan. The Journal reports that the all-cash deal closed for $50.9 million, and, evidently, the unnamed buyer was in the space “less than five minutes” before stating “I’ll take it.” Because $50M spur-of-the-moment decisions are never…

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Walker Tower 212 West 18th Street by JDS Development Group & Michael Stern

NYC Walker Tower Sets Downtown Record at $55 Million

The penthouse of Chelsea’s Walker Tower recently went under contract, breaking a record for the area. Co-developer JDS Development’s managing partner Michael Stern said the sale was finalized for just “a hair under” the asking price of $55 million, making it the most expensive residential sale in downtown Manhattan to date. The massive, 5,955-square-foot, full-floor…

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111 West 57th Street by JDS Development Group & Michael Stern

This New Glass Tower In Midtown Will Be Taller, Skinnier Than Empire State Building

The leading real estate developer, JDS Development Group, is erecting a 1,350-foot tower ascending from the Steinway Building’s courtyard at 107 West 57th Street. The Landmarks Preservation Commission sanctioned the project, which includes plans for the restoration of the Steinway Building and the creation of new luxury residences. Upon completion, the skyscraper will boast spectacular…

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