The full-ask sale proves that home values held up in America’s most expensive building
NEW YORK–(BUSINESS WIRE)–#220cps–Nest Seekers International, a leading global real estate brokerage at the nexus between technology and media, today congratulated Jessica Campbell for closing on unit 55B at 220 Central Park South for the full asking price of $33 million, garnering an impressive $10,277psf.
This is Campbell’s third sale at 220 CPS, and the first resale in the same New York City skyscraper as America’s most expensive home. Perched on the 55th floor of 220 Central Park South, Unit 55B, a 3,211 square-foot, three bedroom residence, overlooking New York City’s iconic Central Park, is in the same building where Citadel founder Ken Griffin set the record for buying the most expensive home in the country, for $238 million in 2019. “I am thrilled to confirm that 55B at 220 Central Park South closed today,” said Jessica Campbell, one of Nest Seekers’ top real estate agents; “I sold it for full-ask after a mere 30 days on the market,” adding, “This marks my third sale at 220 CPS and the first resale in the building.” “This trade marks a new criterion in the global ultra-luxury residential real estate market,” said Campbell.
The sale proves that home values have held up at the highest levels of the market. “Jessica Campbell’s extraordinary sale amid the market rebound proves that Manhattan real estate will always be a safe investment,” said Eddie Shapiro, CEO of Nest Seekers International, adding; “Today we celebrate Jessica Campbell and our entire team at Nest Seekers for their hard work and continued success.”
Q1 of the Manhattan real estate market closed by posting its strongest sales in years. “Q1 results for the first three months of 2021 closed with 3,700 signed contracts, a 60 percent uptick year-over-year,“ said Campbell, adding; “In March, 1,500 Manhattan residences were in contract for sale. That marked the highest number of deals for any one month in 14 years.” The Manhattan residential real estate market heated from the bottom up. “The market is clearly on the rebound and it was only a matter of time before it reached all price points,” said Campbell. “History has proven that despite economic downturns, the NYC real estate market will always make a big come-back.”
About Jessica Campbell
Jessica Campbell, coined “The Queen of Billionaire’s Row,” launched her real estate career at Nest Seekers nearly 15 years ago. In 2020, she quietly stepped into the ranks of the top one percent of all NYC Real Estate professionals. Ms. Campbell possesses invaluable and innate traits of adaptability, commitment, dedication, resourcefulness and loyalty enriched by unwavering dedication to client service. Campbell’s clients appreciate her proactive and tireless work ethic, market expertise, and affable personality. Campbell represents high-profile clients around the world whom particularly appreciate her savvy comprehension of discretion and relentless pursuit to get the deal done.
About Nest Seekers International
Nest Seekers is a global real estate brokerage at the nexus between technology and media. Founded by industry visionary, Eddie Shapiro, Nest Seekers evolved at the forefront of the digital media revolution, reaching a new generation of clients. Shapiro gained international exposure for the firm through groundbreaking media partnerships that propelled his agents into television stars and social media influencers. This innovative approach revolutionized the industry and fueled Nest Seekers rapid growth, resulting in a proprietary platform capable of promoting listings to millions around the world. Today, Nest Seekers has 25 offices and 1200 agents positioned in key markets throughout New York, London, Beverly Hills, New Jersey, Miami, and Greenwich. The firm continues to gain global exposure on the television series, «Million Dollar Listing New York,» and the Shapiro Executive Produced Netflix hit, «Million Dollar Beach House.»