Photo credit: March Made

Here’s how far Manhattan real estate has come (or perhaps how far, to hat-tip the late Jimmy Cliff, it has to fall). With no sign of a slowdown in sight, this penthouse at 125 Perry Street is asking $85 million. The apartment could set a price record for Downtown Manhattan, but it’s competing with a nearby condo last listed for $87.5 million that entered contract this past summer. The 7,000-square-foot condo residence on Perry Street sits atop a corner brick building that was once a parking garage, as Mansion Global reported .

As 6sqft previously reported, a penthouse at 140 Jane Street listed for $87,500,000 entered contract in August , but has not closed yet. If it fetches the asking price, it would become the priciest property sold in the area. The cur

See Full Page