Manhattan Trophy Market Bounces Back on $87.5M Deal
Record-Breaking Penthouse Sale A landmark transaction has shaken the Manhattan real estate scene. The West Village penthouse at 140 Jane Street has set a new benchmark by selling for an impressive $87.5 million. This property encompasses 9,500 square feet. It features a grand 70-foot great room outfitted with floor-to-ceiling windows, ensuring its status as a trophy home. Brooklyn's real estate is also experiencing transformation, as developers target north Brooklyn's waterfront , attracting new residents. Despite still being under construction at the time of sale, this record-setting deal highlights considerable buyer confidence. It underscores the strength of the Manhattan upscale housing market. The penthouse design boasts luxury throughout with expansive interiors and outdoor spaces. Its location in West Village further enhances its allure. Proximity to cultural and historical amenities cements its value. This sale marks a turning point for downtown’s trophy home availabili...