The latest status symbol for the elite? A private padel club .

For the top 1%, living in luxury now includes exclusive access to a private padel court, and many of them are willing to pay a premium to have it within their own building, according to Nikki Field, senior global real estate advisor of The Field Team at Sotheby's International Realty. Field's team at Sotheby’s has transacted over $5 billion in sales.

One of the buildings, 111 West 57th Street in Manhattan, the second-tallest residential building in the Western Hemisphere, is a prime example. The luxury residence offers 33 condos priced between $20 million and $110 million, and almost all of them are filled. One of the major draws is that it houses the only private padel court in the city.

The sport, which is similar to squ

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