New York City’s Most Expensive Penthouse Lists for $169 Million

432 Park Avenue in New York City. Photo: wikimedia commons

New York City’s highest penthouse has officially hit the market, and it has a super-sized asking price to match. Offered for $169 million, the entire top floor of 432 Park Avenue is now the most expensive listing in the city, besting the seven-story crown at the Woolworth Building, which has seen its price whittled down to $79 million. (The eye-popping sum is still a far cry from the record $238 million that financier Ken Griffin plunked down at nearby 220 Central Park South in 2018.)

The super-skinny skyscraper, designed by Uruguayan architect Rafael Viñoly with interiors by Deborah Berke Partners, made waves when it was constructed six years ago and lured deep-pocketed buyers (Jennifer Lopez and Alex Rodriguez among them) thanks to its sweeping vistas and swanky Park Avenue address on Billionaire’s Row. While recent reports have detailed complaints from current residents, it hasn’t stopped current owner, Saudi billionaire Fawaz Al Hokair, from being ambitious with the nine-figure asking price—roughly double what he paid in 2016.

Spread across 8,300 square feet, the 96th-floor residence designed by Los Angeles-based Andrew Cohen comes with six bedrooms, seven full baths, a private elevator landing, a library, and a 93-foot-long great room with east-facing views. The aerie has been updated with a stellar collection of designer furniture from Fendi, Bentley, and Hermès—and all of it is included in the sale.