Schottenstein’s $25M Manhattan Mansion Sold | Real Estate News

Real Estate News Today | 2 Min News | The Daily News Now! · Jul 27, 2026 · 1m

Jay Schottenstein just dropped a jaw-dropping $25.5 million on a penthouse at Giorgio Armani Residences—unit 9, a full-floor, 5-bedroom, 4-bath mansion with 4,500 sq ft, private elevator, and 10-foot ceilings. It’s the priciest Manhattan luxury sale of the week, part of a broader trend where 18 ultra-luxury homes (totaling $136M) went into contract, averaging $7.6M each. The second biggest deal? A $21.5M downtown triplex with a chef’s kitchen, terrace, and parking. Despite a slight dip from last week’s 27 deals, this pace aligns with seasonal norms—proof that top-tier properties still sell…