Giant Condo Tower Needs More Billionaires

One57, a towering condo-hotel project in Midtown Manhattan, seems to losing its curb appeal for top-drawer buyers.
A skyline enhancement or eyesore?

In post-crash Manhattan's high-end real estate, few projects loom larger or more visibly than the 1,004-foot-high One57, the tallest residential-hotel building in New York. This is a rarefied market, with two penthouse units selling for more than $90 million each, including one to hedge-fund baron Bill Ackman.

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