Related’s billionaire CEO Stephen Ross has a history of buying homes within his own development projects, including a 92nd-floor penthouse at the still-under-construction 35 Hudson Yards, and a fifth-floor condo at 70 Vestry in Tribeca.
But with all of those relatively new acquisitions, the real estate bigwig is now seeking to part ways with one of his older residences: The Wall Street Journal reports that Ross has listed his 80th-floor condo atop the south tower of the Time Warner Center—another Related project—for a whopping $75 million. That price tag makes it one of the most expensive properties currently for sale in New York City.
Ross and his wife, jewelry designer Kara Ross, have called the apartment home since the Time Warner Center was completed in the early aughts. They brought on interior designer Tony Ingrao (who’s also behind the interiors for 35 Hudson Yards) to design the space, which has custom everything—flooring, moldings, cabinets (in both the kitchen and dressing room), and more.
The parallelogram-shaped apartment spans 8,500 square feet, with views of Central Park from its enormous living room and adjacent dining room. The master bedroom, which occupies one of the apartment’s corners, also has those views, along with two dressing rooms and two bathrooms. There are five additional bedrooms, although one is currently being used as a golf simulator room—in short, it’s everything you’d expect from a billionaire developer’s apartment.
The TWC aerie has plenty of similarities to Ross’s new Hudson Yards pad, from the building architect—David Childs of Skidmore, Owings & Merrill—to the fact that both apartments come with perks from in-house hotels: the Equinox at Hudson Yards, and the Mandarin Oriental at the Time Warner Center.
The penthouse is listed with Deborah Grubman, Deborah Kern, and David Adler of Corcoran.
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