Let's Talk

By Howard Morrel & Leslie Hirsch

57th Street Report

The Billionaires’ Row Manhattan sales market saw a major jump during the week ending November 15, 2025. Despite a short business week due to the Veterans Day holiday, luxury closings soared across the corridor. The results show that Billionaires’ Row continues to dominate high-end demand and remains the strongest engine powering Manhattan’s luxury sector.

Record Week for Billionaires’ Row Manhattan Sales

Every one of the week’s top five closings occurred on Billionaires’ Row, with four coming from Extell Development towers.

The top sale was Residence #121 at Central Park Tower, closing at $47.5 million. Although below its original offering price, this confirms the tower’s continued momentum. Extell recently introduced a new $128 million duplex—now the world’s highest—further elevating attention around Billionaires’ Row.

Strong Activity at 50 West 66th Street

Billionaires’ Row Manhattan sales were also boosted by three major closings at 50 West 66th Street, totaling $64.8 million.

  • #48S – $23.5M

  • #48N – $23.2M

  • #50W – $18.1M

Extell is expanding its Upper West Side footprint with a 1,200-foot supertall planned for the former ABC-Disney campus and a new 25-story condo at 37 West 66th Street.

111 West 57th Street Adds to Billionaires’ Row Manhattan Sales

Residence #38 at 111 West 57th Street closed for $18.75 million, securing the fifth-highest sale of the week. Only a handful of sponsor units remain, including penthouses reaching up to $110 million.

  

New Supertalls Continue to Shape the Skyline

A new supertall at 625 Madison Avenue is advancing in planning, expected to rise 1,270 feet with 101 condominiums, multiple sky lounges, and full city panoramas. Industry insiders point to Robert A.M. Stern Architects (RAMSA) as the likely design team.

Market Data Supporting Billionaires’ Row Manhattan Sales

Manhattan Prices

  • Condo average: $2.97M

  • Co-op average: $1.36M

  • Combined average: $2.03M

Price Per Square Foot

The Manhattan condo average hit $1,766 per ft², while Billionaires’ Row consistently exceeds this benchmark.

Quarterly Sales Volume

Q3 2025 recorded 3,356 closings, the highest since 2022, signaling strong buyer confidence returning to the market.

Supporting market data

Why Billionaires’ Row Manhattan Sales Remain Strong

  • Global luxury buyers returning

  • Limited supply of ultra-prime inventory

  • Landmark towers like Central Park Tower and 111 West 57th Street

  • New supertalls adding constant demand

Buyers continue viewing Billionaires’ Row as the most desirable residential address in the United States.

Want to learn more? Let’s talk!

All the best,
Howard Morrel & Leslie Hirsch
Christie’s International Real Estate Group
(212) 956-4823
mha@christiesrealestategroup.com

Work With Us

Morrel Hirsch & Advisors is a tightly knit team of strategically handpicked, multilingual experts, collectively dedicated to the needs of their clients.