Inside A $70 Million Billionaires' Row Resale | Forbes

[@daftbeeswax4439]

Good heavens! It looks like a Levitz Furniture Warehouse showroom complete with all the personality of an ironing board.

[@butternuts842]

For 70 millions you should own 4-6 floors

[@sadtoy1193]

Regardless of what people in the comments think, rich people with an abundant amount of wealth and power would certainly rent the $70 million apartment. These rich elite people have a different view of housing and if they can afford it then why not. 99% of us won't even be able to afford this apartment and who is to say that if you are rich you wouldn't rent it. Clearly, there are rich people already renting an apartment like this. Why would anyone move to a mid western state where nothing happens, when you are rich enough to enjoy New York (the good side atleast). If I was a billionaire, I would definitely consider an apartment like this. These apartments aren't meant for the middle class and even upper middle class, they are meant for the very rich and powerful. I would actually like to hear the opinions of very rich people talking about these apartments and explain the pros and cons.

[@grapegelatin36]

Dang you typed all that? Lol

[@MrSosa35]

I was waiting to view the indoor swimming pool, gym, movie theatre, private off street parking errr nope so technically all you're paying for is view and location!

[@dougg1048]

99.9999% **

[@hydrazine799]

Agreed with you.

[@imglad655]

Speak fo' yourself homie

[@PJ-si4zr]

If I lived here I’d look out the window at night while it rained and sigh and say “this city...”

[@user-xq7zr1zc9x]

$70mil for 3 bedrooms issa joke mate

[@VECT4GAMING]

Np, just ny

[@BoDanglezzz]

you obviously don't own or understand real estate mate

[@alpham13]

@@BoDanglezzz He doesnt need to know realestate to know that 70 mil for 3 bedrooms is absurd

[@adamdanilowicz4252]

@@alpham13 You don't pay for the size of the apartment but the view you get from it. Besides, not everyone wants to live in a 20 bedroom mansion.

[@lukas4112]

Alpha Male no, but a basic understanding of supply and demand you need. This type of place, with these views in this city with this square footage with high quality amenities, is pretty much valued at that price. If you don’t understand the appeal of NYC then you might not understand why it’s so much, but it really simply because there’s not many homes like this but there’s millions of people who want it

[@Drophead1991]

what she doesn't say is that An apartment at One57 just sold at a $6 million loss and almost all of this building apartments are overpriced and that they drop in price as soon as they are resold

[@alenopsar]

1M$ apartment with a 69M$ view... what a joke.

[@johnmcfads5304]

No this apartment is worth around 40 million

[@noman266]

Well said, whoever staged the place should be tossed out to central park

[@ibewill]

6,000+ square feet, not exactly $1M

[@justrandomthings319]

It's actually priced decently.

[@Prince-gu8or]

If you have to ask the price you can't afford it. LOL

[@NobleWarning]

The window washer deserves a medal xD

[@189x]

speck of dust on the window.. i'll give you $50 for the apartment

[@JoeWong81]

Where is the balcony? can you take a step outside?

[@Buckmadres5572]

Yeah, just one though, one really long one.

[@ronaldjoseph4425]

I think what you meant? Is where is the fire escape!

[@stephengarrison7552]

i dont think any apartment over 50 floors can have a outdoor space, at that height u would probably be blown away from the wind!

[@Buckmadres5572]

@@thatonedog819 an existential one at that.

[@xt2844]

if there were balconies in Manhattan there would be too many bodies on the street you know

[@TuringPablo]

wow look at that shadow on Central Park at 1:56 Disgusting

[@michaelmaina4911]

This home is awesome! I appreciate the video Forbes. Don’t know if I’ll ever be fortune enough to live in such a marvellous home however, this video sure does inspire me to do my best to attain such fortune! Thank you again! 💎

[@Baddy67110]

Lawrence Stroll owns that appartment. Get inspire by his story ;)

[@jonny5777]

It's my dream to live in New York I think it's the greatest city in the world. This to me feels like a fancy hotel. I'd like one of those big buildings with a roof garden. Then you would still feel part of the city rather than isolated from it like this place.

[@hothotheat3000]

All that money and you don’t even get a balcony/patio:(

[@leepakim]

it does not have a build in garage for my Kia??? no, thanks then.

[@DemonNutt]

leepakim *honda

[@clydelaz]

I think there most likely is a parking garage in the building.

[@namdizzle07]

@@clydelaz that probably costs you another $2K/month

[@tylermoses7829]

It is NYC, even a Kia is redundant.

[@muahh514]

1:35 i dont wanna see this stupid wall. show us the bathrooms and kitchen for christsake. lovely home either way.

[@3129andrew]

56 Billion?? Did she just say that?

[@BusyBob6971]

Instead of listening to the whole bag run her mouth I would love to of seen a walk-through of the apartment

[@nomad-81-25]

For 70 million I could buy an Estate in France, or a few private Islands in the Caribbean.

[@Venomous_471]

Exactly

[@CEnjoyer]

not worth 70 million regardless of the location of the property

[@cornerstone7564]

@@MotoCzar buying expensive properties is bragging for any human being, not overpaying. Overpaying makes you look like a fool.

[@TJBellamy99]

Value is subjective and to some this property is worth 70 million.

[@ビップレクサス]

Value is subjected by demand. Sadly - Manhattan has insane demand which is why their real estate market is insane. Just like San Francisco. This is not your fly-over state town.

[@ryanrucker1628]

Corner Stone you don’t think 70 million is overpaying for only three bedrooms?

[@martymcfly5423]

The worth is exactely the price the highest bidder is willing to pay ... and not a single Cent more 😛

[@terrellharris3299]

The apartment and building were all brand new and she stated that they ripped everything out to customize it. what a waste of materials. smh

[@arkojitgupta5437]

I seriously can't see any reason why someone would pay 70million on this apartment. One can easily get a lot better product than this.

[@RizzoDaManiac]

Remember folks, it’s Billionaires row, not millionaires row. Billionaires need to store large amounts of money into properties (and other investments) they can both use and earn a profit from. You can’t safely store 70 million in a bank account, so it is much safer to store in an overpriced apartment that is insured and almost guaranteed that someone else will want to buy to store their money in the future. Most billionaires never set foot in homes they’ve purchased as store of value investments.

[@gordonbgraham]

The piffle realtors spout is laughable

[@blessOTMA]

It's often the best part of these videos. Comedy gold. 😅

[@cellphones7262]

2:32 that building is obstructing the view. No wonder u showed it toward the end.

[@taergehtsiram]

I just cannot get over how bland the redesign is. I've looked at pictures of this property over and over and have just concluded it sucks. Yes, you want to downplay the interior so as to allow the surrounding view to shine. But New York is not exactly bursting with color. They really could have used Jamie Drake to make this property explode. When I look at what they did to the master bathroom, I want to cry. All that gorgeous, imported, Italian marble gone. The huge, hand-carved, marble bathtub, gone. As a side note, something I find interesting is, both the of the guest bedrooms are not included in any of the photographs of this property. I wonder why?

[@leefrancis007]

Agree it was underwhelming and frankly... dated

[@dougrabbit8837]

After 9/11 you couldn't pay me to live here! Guess people with money really are crazy!

[@ابوالخير-ف4ت]

Very amazing, because it is the bone of America, the most powerful country militarily and economically

[@DutchBane]

Its not a home. Nobody will ever really make a life there. Its a display toy and nothing else.

[@tudorjason]

Looks luxurious and who wouldn't want those views, even if you're fearful of heights like I am. However, I am tired of seeing luxury home furnished in white. They think it's elegant, modern, and clean. Nope, just boring!

[@cashprinter5000]

Does it include the furnitures and interior fittings??

[@shetyemandar]

The view just makes it up

[@Apocalypz]

"custom" "bespoke" "one-of-a-kind" This, coming from the professional. 😞 People wonder why we don't appreciate the US. *This* is yet another reason.

[@PuzzleMessage]

What's wrong with those words?

[@alexc1474]

PuzzleMessage they’re redundant.

[@andrenewcomb3708]

Limestone? Do they have total weight allowances as to bringing tonnage into the building . . . building integrity stress allowances?

[@sunnywakefield4659]

I WOULD RATHER LIVE IN A HOUSE...BUT IT IS PRETTY

[@burgersoft777]

Real estate historians are about as useful as telephone sanitation operatives.

[@Juanpablogonzalezme]

Amazing condo 😍😍😍

[@saravahgebrehawariat9493]

This is an absolutely fabulous apartment. Although my preference leans more towards the UES townhouse, west of Lex, I find many compelling reasons to purchase this unit.

[@17silence]

Only $70'000.000???? Give me two please. (hahaha)

[@LostWorld135]

The apt is ok, but the custom wall and the staging is gaudy 👎🏽

[@crumcon]

living your entire live in a 5 star hotel would still be much cheaper

[@sifx.z1524]

i got real sheep outside my house!

[@clydelaz]

Personally, I prefer humans to sheep.

[@severetiredamage6754]

have*

[@shaheedagain]

@@clydelaz he didn't say there were no humans outside his house

[@cornerstone7564]

The whole idea of selling people views is so funny lol

[@channelharry5705]

you clearly have never set foot in a house with a nice view my friend

[@cornerstone7564]

@@channelharry5705 Tell us more.

[@channelharry5705]

well what state/province do you live in?@@cornerstone7564

[@senglomein5766]

Anybody else notice all the Jean Dubuffet paintings!?

[@SFAG12]

Maybe it's just me, but I can't with all white, I get is luxurious to have everything soo low in color that you need an army to clean, but if I ever have an apartment with that view I don't want to bother thinking I left again a food print in the white rug... Instead I would want something that allows me to be alone meditating on my power, not 3 ladies vacuuming at my back. Also that many couches make it look like the vip lounge at the airport...

[@LostWorld135]

These apartments were already beautiful. They should’ve left it alone. The customizations are gaudy af

[@e5141981]

70 billion for that apartment or the whole building?

[@Otherdave008]

$70 Million, not Billion. It's just on Billionaires' Street.

[@markcastro5134]

70 mil not billion

[@nokhaiz94]

Lol!

[@dynamicsolution8166]

Neither...70 mil gets you the keys. Than you gotta scrap all year to pay a few million in tax bills.

[@dynamicsolution8166]

Ownership is when you have no more obligation just to keep possession

[@krac3x438]

the ceiling is way too low for a 70 million dollar apartment, should be way more open space

[@sudhirgaur2559]

No open spaces ?

[@saybanana]

I like how people say it is not worth $70M. How much then? 60,50,40,30,20. I bet people are like I can get 10 bedrooms in Wichita, Kansas for $150,000. Everyone do an eye-roll. Doesnt matter what you think, because it isn't your money. So unless you are Bill Gates and the like reading my comment, your opinion doesnt matter because you cant afford it. Probably cant afford a 50 million or 20 million dollar home either. The first guy bought it for 56 million, did some remodeling now wants 70 million. Someone is getting back their money and then some.

[@janikb3538]

For 70 million I want to the whole building and a 5 car garage

[@Venomous_471]

Exactly

[@lettherebelamp5102]

Worth about 2 million tops. It’s 3 bedrooms guys.

[@brianalejandroful]

Has this been sold already?

[@dr.abelgideon7747]

I could buy half of west Tennessee with the money this guy spent on this. Lex Luther was RIGHT.

[@Venomous_471]

Exactly

[@felipevillanueva1309]

With 3 dollars in my bank account, can i say this is the ugliest appartment I've seen?

[@weltschmertzz]

What are the flooring made of?

[@faith777x]

Most of the comments say it sucks due to all kinds of reasons. Actually it only sucks bcos you can never ever own it

[@mrgboy247]

no house/apt on this earth is worth over $11,000 a sqf !! especially one that feels like you're trapped in an aquarium.

[@bachpregil5902]

overrated property.

[@Venomous_471]

I'm scared of heights and fire and elevators not working. And it's not with that much money.

[@TheAjse123]

Does it even exist? According to many internet sites, One57 have only 75 floors...

[@j134679]

The floors numbers are exaggerated.

[@Caocao8888]

I hate those intrusive interior columns! I assume that they are cost-saving construction methods for the electrical and plumbing.

[@leefrancis007]

I know! The columns look so cheap

[@RickP2012]

Looks no more impressive than many 4 star hotels.

[@peterchiung1159]

This unit still couldn't sell for $70million dollars and no one is surprised

[@damarcoreed1367]

This is Lawrence stroll Penthouse

[@donjulio4025]

is this the building thats had so many problems due to bad construction

[@sunnyhill5119]

Too much beige and off-white coloring. Its way too high on the 85th floor for my preference. That being said, I do love the design.

[@likemysnopp]

Well 70 million usd will be around 10 euros in 5 years so we will pick these up real cheap!

[@scarypoppins6935]

That view and the light that the apartment gets is worth 70 to me but I'd still try to get it for 35 or 40 just on principle

[@dogan6070]

For 60 million you can build a 17floor apartment building.

[@deannawoody9621]

Beautiful home

[@throughmyeyes9940]

it's not a home, it's a condo, a structure

[@ryanrucker1628]

People are trying to use location to justify paying 70 million for a three bedroom, lol, just because it’s in New York City doesn’t mean it’s a smart purchase, people are forgetting the property tax aswell, you’re definitely going to be paying upwards of a million dollars a year in property taxes.

[@knockonyourbackdoor]

Someone who buys a $70m property doesn't care about property taxes.

[@annonymously331]

One57 has a tax abatement for 10 years so it pays a few hundred dollars a month in taxes

[@Владгрицышин-с4ъ]

Thanks

[@Владгрицышин-с4ъ]

70milion 900000000000000milion Thanks

[@charlesbrandon2034]

Is it for sale?

[@TheJohnnyblaze4ever]

It's pretty small compared to its price tag and the fact that it's a resale. I will pass

[@ComeLeVent]

what a shame a home in such an exquisite location and layout, has an interior that is so bad taste. The art is terrible too. If you sell appartments like this, make sure the buyer is not a modernist.

[@robertr9689]

The only thing that is 70 million is that woman. She is indeed 70 million, seventy million years old that is.

[@BananaTrades]

Where are the curtains?

[@saravahgebrehawariat9493]

upacarasamadhi They are recessed to be hidden. They are there. Trust me. They are electronically controlled.

[@chunky3086]

:50

[@TJBellamy99]

432 Park Avenue looks so ugly in the background. I looks like it is unfinished!

[@protostar5351]

6000 square feet with a price tag of 70 mil? what kind of joke is that?

[@jijimunchies1965]

How is this tiny apt worth 70 mill?

[@mlouwagie]

02:36 miami b=ach not manhatt=n....the architects usually always have to steal every last inch in new york .... thats why u are doing price reductions.... too small apartments...the windows with the curves are not liked by the general public you should probably change them ....i think the toned blue panels on the exterior have a nice vibe....Miami b=ach ....1950's....air stream trailer... but....i havent seen it in person... the people are not into them .... look on wiki you can see what people say ... voted worst liked building...157 new york

Luxury Real Estate 🇧🇷 #mullerimoveisrj

[@adrastos761]

while all the finishes are nice, it is a shame that the original brand new cabinetry, flooring, basically everything was ripped out, as the lady put it. I think these apartments should be sold raw, and the buyers should pick put every single thing they want, I know at 56 million dollars for an apartment, I am going to pick out the flooring, doors, hardware, kitchen everything myself. NOT the builer. it is actually a shame that all the brand new, never used everything was ripped out. I get whya, but a hsmae never the less. I like one 57 the best of all on BR because the wondows do open at the bottom and i love that feature, where as 432 park doesnt, and I dont like the big square sheets of glass.

[@Landshark2020]

The art in this apartment is amazing 💕💕💕

[@samfitz9868]

Did you.. umm.. watch the same video we did?

[@Landshark2020]

@@samfitz9868 I was being sarcastic.

[@itzJKB]

real estate historians ? lol

[@soaluc]

For a fraction of that price you could get a brownstone with outdoor space and way more space overall. this is just dumb lol

[@kimnc28]

Too small and ugly for my expensive taste

[@-eternal]

ngl looks like minecraft rtx

[@AmoReloadedTT]

Is this a rental mate

[@me.atul10]

$10M less than 'cloud 9'.

[@AmoReloadedTT]

First off the wealthy have different minds to the not so wealthy people . They are on way higher levels . They are walking kings and queens in there own right so these sorts of ridiculous price tags are fitting .

[@kilowindows4271]

This is mad....

[@hotenhitonokoe2848]

nice video

[@INSANEFAME]

3 bedroom lol

[@itsruf1]

How much did it cost that 60 yo agent to look 65 yo? Asking for a friend.

[@nickyoutube3757]

I'm saving up for one of these.

[@merryhunt9153]

Cold, sterile, unhomey, pretentious.

[@svideos5754]

merry chase not your style but it’s someone’s

[@filipesaz]

300 thousand max for that. Not even a penny more. Based solely on what was shown here. In fact, I think I am entitled to a discount, just for having to steer away from all those obstacles while walking around the house.

[@aksa706]

I'd pay up to 10 mil for this. Another guy comes in and bids 30 mil. See how it works?

[@Dipz21]

True that, they only say it's that expensive because of the view... they showed the same living room over and over, the house overall seems small and the view would eventually get boring

[@zlistcelebrityYT]

Good luck with that.

[@bcxw]

Fil Ipe you gotta have some seeeerious connections if you want that for 300k

[@lambro4014]

It's not the view, it's the LOCATION. One57 is located on the most expensive block in all of NYC. All your neighbors are billionaires and multi-millionaires. Expensive Michelin star restaurants all around, central park views unlike any other, 360 degree views of Manhattan, Carnegie Hall just 1 block away. Plus that building called "Billionaire's Row", the least expensive apartment is over $10 Million. Most expensive is a 2 floor penthouse with a private helicopter landing room for $100 Million that was sold to a Chinese Billionaire. So $70 Million, is not for us, it's for Mark Cuban and people like him. For example, when Mark Cuban bought his $30 Million house, he says he only saw the house 1 time and it was only the outside of the house, never walked in and signed a check that day. These type of people who can buy homes like a Mark Cuban, buy apartments like this. Not us who are criticizing the price and criticizing the multi-million sculptures to walk around.

[@DrASiddiqui]

Don't spill your drink.