Michael Dell bought the most expensive apartment in New York 

Posted February 23rd, 2018

Dell Technologies founder and CEO Michael Dell has been sitting on a New York record for almost four years.

More: Dell Technologies considering IPO, other options, to boost revenue, reports say 

A $100 million record. Well, $100.47 million, to be exact.

It was revealed Thursday in the Wall Street Journal that Dell was the buyer of a $100.47 million penthouse on Manhattan’s Billionaire’s Row, according to two people who spoke to the Journal. The information was kept under wraps until the WSJ broke the story.

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That deal makes Dell the owner of the first and only New York apartment that carries a price tag of more than $100 million. 

The penthouse is located in One57, which is a more than 1,000-foot tall glass tower located on West 57th Street just a few blocks away from Central Park and the Museum of Modern Art.

Google Street Maps screenshot.One57 condo building from the view of Carnegie Hall.

The 10,923 square feet penthouse has six bedrooms and six bathrooms, as well as access to the Park Hyatt Hotel, which shares building space with One57. 

Dell, who was worth more than $23 billion at the start of the year, according to Forbes, paid close to $9,000 per square foot for the penthouse. 

To put that in perspective, the cost of this NYC penthouse is the rough equivalent of Dell buying “The Castle,” his 33,000-square-foot Austin mansion, three times over in today’s dollars— it was assessed at $22.5 million by city appraisers when it was built in 1997. 

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In Nov. 2017, the WSJ also reported that Dell was working out a contract to buy a $40 million penthouse condo in Boston.