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One57 condo of Ferrari-collecting Canadian billionaire sells for $59M

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Lawrence Stroll listed the 85th-floor pad for $70 million in 2017

Canadian billionaire and vintage Ferrari collector Lawrence Stroll has sold his 85th-floor apartment at One57 for a significant discount. Stroll, who bought the place back in 2014 for $55.6 million, listed the condo in October for a hefty $70 million, but that price failed to lure a buyer.

In March, he dropped the asking price down to $59 million and has now managed to unload the 6,240-square-foot, three-bedroom pad. Per Mansion Global, the apartment went into contract on Monday to an unknown buyer, with the final sale price TBD.

The condo has been given a series of over-the-top revamps that include an entrance hall that’s been “upholstered in woven suede,” a great room with a sculpted ceramic wall by artist Peter Lane, and an eat-in chef’s kitchen with a drop-down TV. Other flourishes include several fireplaces, dramatic columns, and floor-to-ceiling windows that maximize the apartment’s views of Central Park and the city’s skyline.

One57

157 West 57th Street, Manhattan, NY 10019 Visit Website