Sky Palace LLC Acquires Hudson Yards Penthouse From Related Companies For $35M

Sky Palace LLC has acquired a penthouse in Hudson Yards, with Leighton Candler, Jeremy Strong, and Cathy Franklin capturing the stunning image of the property. The transaction took place on September 20, 2022, with the seller being Related Companies. The deal was facilitated by Sherry Tobak, the Sponsor's Rep from Related Sales and Corcoran Sunshine Marketing. The sale price for this luxurious penthouse was $35,000,000, covering an expansive area of 10,000 square feet. The price per square foot stands at $3,500, reflecting the high-end nature of the property.

Summary of transaction details:

• Property Type: Penthouse
• Transaction Amount: $35,000,000
• Market: Hudson Yards
• Image: Leighton Candler, Jeremy Strong & Cathy Franklin
• Date: September 20, 2022
• Buyer: Sky Palace LLC
• Seller: Related Companies
• Broker: Sherry Tobak - Related Sales and Corcoran Sunshine Marketing
• Square Footage: 10,000 SF
• Price per Square Foot: $3,500

The acquisition of this penthouse marks a significant investment for Sky Palace LLC in the Hudson Yards market. With its spacious 10,000 square feet, this luxury property offers ample room for grand living spaces and breathtaking views. The penthouse's sale price of $35,000,000 reflects the exclusivity and desirability of the Hudson Yards location. Sky Palace LLC made an astute decision in acquiring this penthouse, further establishing their presence in the high-end real estate market.