In Miami, there are currently 19 apartments asking over $20 million. The 65th-floor penthouse of a high-rise in Chicago sold for $18.75 million in May, a record sales price for that city. Los Angeles, better known for its manor estates and sprawling spec houses, saw high-rise sales volumes rise 21% in 2015, with one penthouse in a new 42-story building going for $22.5 million. Billionaire hedge-fund manager Kenneth Griffin’s spread-consisting of multiple combined penthouses at under-construction 220 Central Park South-is under contract for more than $200 million, according to people familiar with the situation. In New York, 40 units sold for more than $20 million apiece. Last year saw record-shattering prices for high-rise apartments. So developers and marketers are getting creative to stand out in the high-rise market. With scores of super-tall, glassy buildings popping up in cities across the country, it can take a lot of superlatives to distinguish one from another. But the extras “show the lifestyle we want to present here.” The 10-bedroom, 13-bathroom apartment on the 45th floor of midtown building Atelier has had about 12 offers in the $50 million range over the past year-not quite high enough, says Mr. “People spending this much money can afford to buy their own yacht and Rolls-Royce,” says Dan Neiditch, the real-estate agent who has the listing. A sweet deal, but hardly a dent in the condo’s asking price of $85 million. Included with the purchase of this Manhattan condo: a $1 million-dollar yacht, two Rolls-Royce Phantoms and $2 million in credits to renovate the unit.
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