updated Wed. March 20, 2024
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Quartz
February 22, 2018
One57 made headlines in 2017 for being home to New York's largest apartment foreclosure—the original owner was Nigerian oil tycoon Kolawole Akanni Aluko, who was ... Today, while 432 Park has just set a record as New York's best-selling building of all time, resale values at One 57 have slid. A similarÃâà...
New York Times
February 21, 2018
Slammed by architecture critics — “chintzily embellished,” wrote Michael Kimmelman in The New York Times, who likened its tinted glass panes to age spots — and loathed by many of its neighbors, particularly those forced to evacuate when its crane collapsed during Hurricane Sandy, One57 has had soÃâà...
Robb Report
February 1, 2018
New York City's One57 makes a statement on Billionaire's Row, rising 90 stories above Manhattan with stellar panoramas of Central Park. Earlier this month, developer Extell Marketing Group released its newest sky castle, 61B, a three-bedroom residence with floor-to-ceiling windows that frame the cityÃâà...
Curbed NY
November 29, 2017
The Wall Street Journal has outed the identity of the buyer who picked up oil tycoon Kola Aluko's One57 penthouse in a foreclosure sale earlier this month. The buyer of the $36 million pad is none other than David Lowy, the son of the founder of retail giant, Westfield Corporation. Lowy also happens to beÃâà...
Curbed NY
November 27, 2017
A gloriously overwrought 67th floor condo is the latest luxury pad to hit the market in One 57. The apartment spans half of the 67th floor and has, under its current owner, undergone a renovation by DHD that brought the pad walls covered in white gold leaf and endowed it with other swanky materials likeÃâà...
Curbed NY
November 9, 2017
Beleaguered Nigerian oil tycoon Kola Aluko's One57 penthouse has finally found a buyer. After news emerged in October that the 79th floor apartment was going to go back on the auction block, an unnamed buyer finally scored the apartment at a foreclosure auction for $36 million, Bloomberg reports.
Curbed NY
June 24, 2017
UPDATE 6/27/17: The New York Post has learned that the owner of this One57 penthouse is Nigerian oil tycoon, Kolawole Aluko, who is allegedly involved in international money-laundering ... In less than a month's time, another one of One 57's ultra-luxury, ultra-pricey condos has entered into foreclosure.
Curbed NY
June 14, 2017
NYC's most expensive condos ever include 15 Central Park West, One 57 ... Multimillion dollar sales aren't an alien concept in New York, but crossing the billion-dollar sales mark is a whole other ballgame. Regardless, seven of the city's priciest condo buildings have managed to cross that seeminglyÃâà...
Curbed NY
May 31, 2017
One 57 becomes home to Billionaire's Row's first foreclosure ... Billionaire's Row is about to get its very first foreclosure, the New York Post reports. ... in 2015 for a comparatively modest $21.4 million—One57 also boasts the city's most expensive sold condo—but it appears things didn't go quite as planned.
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