Two penthouse condominium units at the Residences at the W New York Downtown sold this week, setting a price-per-square-foot record in the Financial District, according to a spokesperson for the building.
A 799-square-foot one-bedroom sold for $1.99 million or $2,491 per square foot, while a 1,175-square-foot two-bedroom sold for $3 million or $2,562 per square foot. Jonathan Miller of appraisal firm Miller Samuel confirmed to The Real Deal that these are both record sales in the area.
Prices for the remaining one-bedroom and two-bedroom units at the Moinian Group’s condo-hotel at 123 Washington Street start at $1.35 million. The Marketing Directors took over sales there last September, replacing Richard Nassimi’s team at the Corcoran Group, as previously reported. — Mark Maurer