June 6, 2015, 5am PDT
If taxed at an average rate, the buyer of One57's $100.5 million penthouse should have paid $1.3 million in property taxes. Instead, the property was assessed at $17,000. Here's why.
September 23, 2012, 9am PDT
New York City's supertall skyscrapers court billionaires, selling prime real estate in the sky for tens of millions of dollars. The latest trophy building, One57, will soon become the city's tallest building with residences.