One57 tallest residential tower in New York City !! At An Outrageously Expensive New Condo In New York The Storage Bins Will Cost More Than A Mercedes

Julie Zeveloff

Image: Extell Development

One57, the ultra-luxury condo tower that's under construction on West 57th Street, is being billed as the tallest residential tower in New York City.

It's also shaping up to be one of the most expensive. Thirteen condos in the building are listed with asking prices of $42 million or more, and two high-floor duplexes are priced at $98.5 million, according to the Wall Street Journal.

But it's not just the apartments that are astronomically expensive. Storage bins in the building's basement will cost as much as $200,000, a higher per-square-foot price than most Manhattan apartments command, the WSJ reported.

The least expensive bins, which are made of wire mesh, cost $110,000 for 30 square feet, and prices go up to $200,000 for 50 square feet.

The 90-story glass tower will feature 95 residences above a Park Hyatt. Hotel amenities will be available to residents.

While sales for One57 only officially kicked off last week, one $30 million unit has already been snapped up, Curbed reported.

The building is slated to open for residents in 2013.

Image: Extell Development