NYC real estate hits the tipping point; the $100 million dollar condo

That's right, we've now arrived at the point where some of the needle-like skyscrapers rising in New York City are taking earnest money on units being built and one, let's call just it the first one, to top $100,000,000, has been sold.

The building is at 157 West 57th Street and the condo will take up the 89th and 90th floors. Here's what $100 million gets you: 11,000-square-feet, with six bedrooms, seven bathrooms, two powder rooms, views of Central Park. That's $9,000 per square foot. Follow this link for picture mock ups of the condo.