Penthouses At 200 Amsterdam To Hit Market At $40M, Report Says

UPPER WEST SIDE, NY — Sales for units at the Upper West Side's controversial luxury tower 200 Amsterdam Avenue don't launch until the fall, but new reports indicate that the development's dual penthouses will hit the market at eye-popping prices.

Developers SJP Properties told the Wall Street Journal that the dual penthouses at the 668-foot-tall apartment complex will ask about $40 million each. The 6,325-square-foot duplex homes are located on the 49th through 52nd floors of the building, which will be the tallest on the Upper West Side when complete, according to the report. Luxury features include private elevators, fireplaces and interiors complete with marble and white oak floors, the Journal reported.

Construction at 200 Amsterdam hit a milestone this month when the tower's residential portion topped out at 52 stories. Work on the building's decorative crown is expected to be finished in September, the same month that sales are set to launch, a spokeswoman for developer SJP Properties said earlier this month.

Preservation groups such as the Municipal Arts Society and the Committee for Environmentally Sound Development have challenged 200 Amsterdam since plans for the building were revealed. Opponents of the development claim that its "gerrymandered" zoning lot — which stretches far beyond the building site — violates the city's zoning codes. Local elected officials such as City Councilmember Helen Rosenthal, Borough President Gale Brewer and Sate Assemblymember Linda Rosenthal support the challenge against 200 Amsterdam.

The groups were able to get a 2018 Board of Standards and Appeals approval of the development vacated in Manhattan Supreme Court, but the board re-approved the building plans this year. In the wake of that approval, lawyers representing the groups filed a new Article 78 challenge against the development in July.

Read more about the legal challenge against 200 Amsterdam here.