Record Luxury Penthouse Sales Hit Hong Kong and New York
A penthouse at 21 Borrett Road in Hong Kong’s Mid‑Levels West sold for HK$362 million, setting the city’s highest price‑per‑square‑foot record for a new residential unit at HK$124,356 per sq ft. The five‑bedroom, 2,911‑sq‑ft residence includes a private rooftop and terrace.
In New York, a duplex penthouse at the under‑development 80 Clarkson Street in Manhattan’s West Village entered contract for $80 million, establishing the most expensive price‑per‑square‑foot deal in Lower Manhattan at $11,236 per sq ft. The 7,120‑sq‑ft unit features a 921‑sq‑ft private outdoor terrace and will be part of a 112‑unit, two‑tower condominium project.
Both transactions represent record‑setting luxury sales in their respective markets, highlighting strong demand for high‑end residential properties despite broader market concerns.