75th-Floor Time Warner Center Condo On The Market for $60 Million

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Source: newyorkcondoloft.com

The 75th-floor Time Warner Center condo belonging to Steven Feder – once head of the Psychic Readers Network – has just reappeared on the market for $60 million, or $13,698 per square foot, to be exact. The new listing by Sotheby’s International Realty agents Brenda Powers and Elizabeth Sample, formerly of Brown Harris Stevens, is just the latest in a string of attempts by the owner to unload the property.

Feder’s pad was originally listed in 2010 along with another 3,500-square-foot duplex, owned by venture capitalist Douglas Von Allmen, a hedge fund financier and victim of Ponzi schemer Scott Rothstein, for a total $57.5 million. When Von Allmen eventually sold his unit independently, Feder tried again with $44.95 million price tag, Curbed said, but the listing has now reappeared, with apparently no change in layout or features, for $60 million.

Neither Powers nor Sample, both of whom recently joined Sotheby’s from Brown Harris Stevens, were immediately available to explain the shift in price to The Real Deal though Curbed suggested that it might just be a matter of grabbing the attention of prospective buyers.

According to the listing, the 4,400-square-foot home features four bedrooms, his and her master marble baths, 4.5 additional marble baths, a wood-paneled library, and a media room.

Feder’s is not the only unit attracting attention at 25 Columbus Circle. An apartment on the 68th floor was recently listed for a comparatively reasonable $27.5 million. The 4,000-square-foot, three-bedroom, 5.5-bathroom unit is listed with Prudential Elliman’s Dolly Lenz.

While $60 million might seem a lot to pay for a penthouses, buyers may be reassured by the fact that two stellar penthouses at One57, Extell Development’s prospective 1,000-foot condominium and hotel tower on West 57th Street, are being shopped around by the city’s biggest brokers for $98.5 million apiece.

Source: The Real Deal

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