A Trophy by a Tower

(The New York Times) Seeking to tap into the trophy apartment craze that has gripped New York City’s luxury market, Joseph Moinian, the developer of the W New York Downtown Hotel and Residences, is bringing a $40 million duplex penthouse to the market.       

The apartment, which would be the highest-priced listing in the financial district, will combine 12 units on the 55th and 56th floors, offering unimpeded views of Lower Manhattan and the neighboring One World Trade Center. The 12,000-square-foot home, which does not have private outdoor space, will also come with a $2 million credit toward design and construction. 

Source: http://www.nytimes.com/2013/05/19/realesta...