No, Ryan Serhant didn’t sell the $250 million penthouse from ‘Owning Manhattan’

Here's what happened to the Central Park Tower penthouse that had us glued to our screens in Season 1 of "Owning Manhattan".

Georgie Mihaila
8 Min Read
Photo credit: Netflix

Ryan Serhant is reclaiming what’s rightfully his: a spot at the top of reality TV rankings, and the title of New York City’s best-known real estate agent, by inking his first Netflix series and proudly plastering his name across our screens.

That’s right, the former Million Dollar Listing New York star is back — and he means business.

With his new Netflix series, Owning Manhattan, now out, newcomers to the real estate reality TV genre get to see the master in action, and he’s here to prove that nothing has changed from his BRAVO days.

In fact, he’s only gotten better — and bigger — at playing the real estate game. Now a best-selling author, a top-ranked speaker, and founder of his own real estate brokerage and media brand, SERHANT., Ryan has been propelling his career forward with dizzying speed.

How else would one have landed a $250 million penthouse listing, if not by being the absolute best at what they do?

And speaking of said uber-expensive penthouse, Season 1 of Owning Manhattan may have left you wondering: Did Ryan get an extension from the developer? And did he end up selling the $250 million Central Park Tower penthouse?

Well, unless you want to wait a year or two until Netflix releases a new season, we’ve got all the deets on Ryan’s marquee listing.

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The penthouse is still on the market

Inside the $250 million penthouse from season 1 of Owning Manhattan. Photo credit: © 2024 Netflix, Inc.

The 17,545-square-foot mansion in the sky that is the Central Park Tower penthouse has not found a buyer — despite the Serhant team’s best efforts — and is still listed for sale. And Ryan is still the agent attached to the listing.

However, it boasts a fresh price of $195,000,000 which, as it turns out, was always the intended markup. Developer Extell just wanted to nab headlines with its ambitious original asking. Or maybe just give Ryan and his self-titled brokerage a bit of a challenge, who knows?

It boasts a new, slightly more realistic asking price of $195M

Ryan and his top producers inside the empty $250 million apartments
(L to R) Ryan Serhant, Jordan March, Maggie Wu, Jessica Taylor, Nile Lundgren and Rachel King in episode 102 of Owning Manhattan. Credit: Courtesy of Netflix/© 2024 Netflix, Inc.

“The original pricing on these units were headline prices,” Gary Barnett, president and founder of Extell Development, said in an emailed statement. “We have recently sold a significant amount of inventory at the top of the building and now want to get serious about selling these two showcase homes.”

It’s worth noting that the revised price has been around for a while; the above statement dates back to September 2023, meaning that the penthouse saw its price slashed by $55 million roughly nine months before the new Netflix series aired.

Set atop the Central Park Tower, touted as the tallest residential building in the world

The Central Park Tower where the penthouse is located, with the East River in the background
The Central Park Tower where the penthouse is located. Credit: Courtesy of Netflix/© 2024 Netflix, Inc.

Despite the $55 million price cut, the Central Park Tower penthouse is no less impressive.

Located at 217 West 57th Street, in the heart of Billionaires’ Row in New York, Central Park Tower is the tallest apartment building in the Western Hemisphere and comes with views to match.

Rising 1,550 feet above New York City, the sleek new building was designed by Adrian Smith + Gordon Gill Architecture, and has 360-degree views spanning from Central Park, to the Hudson and East Rivers, and the entirety of the New York City skyline.

Features worthy of one of America’s priciest listings

The sculptural staircase with unbeatable Manhattan views
The sculptural staircase with unbeatable Manhattan views. Credit: Courtesy of Netflix/© 2024 Netflix, Inc.

The 17,545-square-foot triplex unit occupies the top three floors of the trophy building, and comes with 7 bedrooms, 11 baths, and another 1,433 square feet of outdoor space.

Standout lower level rooms include a grand salon, a dining room, an observatory, a library, a media room, a serving kitchen with a breakfast/family room, and a pair of guest/staff bedrooms — all located on the lower level, on the 129th floor of the building.

A sculptural, windowed staircase then leads visitors upstairs, where the middle level offers five bedroom suites, one fancier than the next, with the primary bedroom overlooking Central Park.

The third level was designed for hosting grand gatherings and events, and features a Park-facing private ballroom with access to a huge terrace; this level also has a coat room and a professional-grade catering kitchen with separate service entry.

In case you were wondering: no, it’s not America’s most expensive home for sale

Owning Manhattan. Ryan Serhant in episode 306 of Owning Manhattan. Credit: Courtesy of Netflix/© 2024 Netflix, Inc.

You’d think a $195 million listing would earn Ryan bragging rights to holding the keys to the most expensive home in the US.

But even when it sported a $250 million asking price, the Central Park Tower triplex was not the priciest active listing; that title goes to the 9-acre Naples, Florida property known as Gordon Pointe, currently listed for a whopping $295 million.

The one to beat

Ryan Serhant in episode 101 of Owning Manhattan. Credit: Courtesy of Netflix/© 2024 Netflix, Inc.

Nevertheless, there is one other penthouse nearby that can claim the title of most expensive home ever sold in the United States. A 220 Central Park South penthouse sold for $238 million a few years back to hedge fund billionaire Ken Griffin, setting a record that’s hard to unseat (despite Jay-Z and Beyoncé’s best efforts; the couple paid $200 million for their new Malibu mansion, setting a new record for California).

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With a decade-long career as a digital content creator, Georgie started out as a real estate journalist for Multi-Housing News & CPExecutive. She later transitioned into digital marketing, working with leading real estate websites like PropertyShark, RENTCafé and Point2Homes. After a brief but impactful stint in the start-up world, where she led the marketing divisions of fintech company NestReady and media publisher Goalcast, Georgie returned to her first passion, real estate, and founded