70 Vestry penthouse sells for $55M, breaking Tribeca record

The most expensive penthouse at 70 Vestry, the Robert A.M. Stern-designed Tribeca condo, has sold for $55 million—a price that will put it near the top of the most expensive closed sales for the year.

When the apartment first hit the market last summer, it was asking $65 million, so the buyer—repped by Real New York, and apparently “an international buyer in the Italian luxury lifestyle space”—got a pretty decent discount. It went into contract in 2017, but the sale just closed this week.

Given the building’s pedigree—with Stern on the exteriors, and Daniel Romualdez on the interiors—the penthouse is appropriately grand and fancy, with five bedrooms, six and a half bathrooms, multiple outdoor spaces, and a seemingly endless number of rooms that are only necessary to the wealthiest of the wealthy. (A solarium! An “entertaining kitchen” with a breakfast room! A wet bar! A private gallery!) There are also many walk-in closets and en-suite bathrooms, a huge living room with a fireplace, and a 2,000-square-foot roof deck.

Even though this is one of the biggest sales of the year—and one of the priciest to ever close in Tribeca—it’s not quite a record-breaker. As the Wall Street Journal points out, a penthouse at the Getty, the Peter Marino-designed condo on Tenth Avenue, sold for $59 million earlier this year.