A penthouse on the top floor of New York City’s Deutsche Bank Center—formerly known as the Time Warner Center—has sold for $50.7 million, kicking off 2026’s luxury property market with a bang.
The full-floor aerie, opposite Central Park, changed hands in an off-market deal on Tuesday, Mansion Global has learned.
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A record of the big-ticket sale has yet to be made public, so the buyer’s identity couldn’t be determined.
The seller is listed in public record as a limited liability company, which acquired the trophy unit in 2023 for $40 million, property records show. The LLC bought the home from Stephen Ross, the billionaire real estate developer and owner of the Miami Dolphins, whose Related Companies developed the Deutsche Bank Center more than 20 years ago.
The more than 8,000-square-foot penthouse towers above Manhattan and Central Park and has floor-to-ceiling windows to take advantage of its far-reaching, 360-degree views. The unit also has recessed ceilings, fireplaces, stone and wood floors, wood paneling and a chef’s kitchen with a breakfast banquette.
The building’s amenities include a 24-hour doorman and concierge services, a landscaped terrace, a gym, a playroom, a swimming pool, a screening room, and access to the spa services at the Mandarin Oriental hotel—which is in the same building.
Elizabeth Sample and Brenda Powers of Sotheby’s International Realty – East Side Manhattan brokerage represented both the buyer and seller in the deal. They declined to comment.